US EditionBillionaire Prajogo Pangestu’s Chandra Asri Gets $750 Million Funding From KKR For Esso Singapore Deal
4 Articles
4 Articles
Billionaire Prajogo Pangestu’s Chandra Asri Gets $750 Million Funding From KKR For Esso Singapore Deal
Chandra Asri has been doubling down on its investments in Singapore. The Esso deal comes after its unit Aster Chemicals and Energy completed the purchase of Shell’s refinery and petrochemical assets.
Chandra Asri secured a Rp12 trillion injection to acquire ExxonMobil's gas stations in Singapore. This corporate action marks an aggressive move by the company to strengthen its downstream energy business.
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