Brief: ExxonMobil In Negotiations With North Atlantic To Sell Its Stake in Esso

North Atlantic Energies SA

28/05/2025 08:01

May 28 (Reuters) - Esso Societe Anonyme Francaise SA ESSF.PA:

EXXONMOBIL ENTERS EXCLUSIVE NEGOTIATIONS TO SELL STAKE IN ESSO S.A.F.

EXXONMOBIL TO SELL 82.89% STAKE IN ESSO S.A.F. TO NORTH ATLANTIC

ACQUISITION EXPECTED TO COMPLETE IN LAST QUARTER OF 2025

ACQUISITION PRICE SET AT €149.19 PER ESSO S.A.F. SHARE

DEAL SUBJECT TO EMPLOYEE REPRESENTATIVE BODIES APPROVAL

EXXONMOBIL TO SELL STAKE IN EXXONMOBIL CHEMICAL FRANCE SAS TO NORTH ATLANTIC

EXXONMOBIL TO ENSURE ADDITIONAL DISTRIBUTION OF UP TO €63.36 PER SHARE

Source text: ID:nGNE6Kh7y1

Further company coverage: ESSF.PA

 (Gdansk Newsroom)

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