ExxonMobil to sell French subsidiary Esso

Exxon to Sell French Business to Canadian Firm

ExxonMobil intends to sell its 83% stake in its French business Esso SAF to Canada-based energy firm North Atlantic, the U.S. supermajor said on Wednesday. ExxonMobil France Holding has entered into exclusive negotiations with North Atlantic’s French subsidiary for both the proposed sale of its 82.89% majority shareholder interest in Esso SAF and the proposed sale of ExxonMobil Chemical France SAS. The sale includes the Gravenchon refinery in No…

ExxonMobil to sell French subsidiary Esso

Energy major ExxonMobil has entered into exclusive negotiations with the French unit of Canadian energy group North Atlantic to divest its majority-owned French subsidiary Esso, it said today.

On Wednesday, May 28, 2025, ExxonMobil announced the upcoming sale of its refinery in Port-Jérôme-sur-Seine (Seine-Maritime) to Canadian society North Atlantic. The union elected officials were informed of this at an extraordinary SSC that took place in the morning.

Exxon Mobil to sell French subsidiary Esso to Canadian energy group – Oil & Gas 360

(BOE Report) – Energy major ExxonMobil has entered into exclusive negotiations with the French unit of Canadian energy group North Atlantic to divest its majority-owned French subsidiary Esso, it said on Wednesday. The sale is expected to take place in the last quarter of this year, at a price of 149.19 euros ($168.82) per Esso share before distributions, or 32.83 euros after distributions, Esso said in a statement. Those include an additional di

Exxon Mobil to Sell French Subsidiary Esso to Canadian Energy Group - Energy News, Top Headlines, Commentaries, Features & Events

May 28 (Reuters) – Energy major ExxonMobil  has entered into exclusive negotiations with the French unit of Canadian energy group North Atlantic to divest its majority-owned French subsidiary Esso , it said on Wednesday. The sale is expected to take place in the last quarter of this year, at a price of 149.19 euros ($168.82) per Esso ...

The US oil company Exxon Mobil negotiates exclusively the sale of its 82,89% stake in the French company Esso Société Anonymous Française to the Canadian group North Atlantic, as well as 100% of ExxonMobil Chemical France, as reported by the companies. The purchase price for the participation of Exxon in Esso would correspond to 149.19 euros per share before any distribution by the French company or 32.83 euros per share, assuming a distribution…