Esso S.A.F. announces the signing of an agreement for ExxonMobil to acquire its stake, subject to regulatory approvals and financing agreements, expected to finalize in Q4 2025. The agreement includes an adjustment based on the Brent barrel value. Esso S.A.F.’s Board of Directors made significant decisions, including convening a General Meeting on November 4, 2025, to discuss reserve distribution and a name change post-acquisition. The transaction with ExxonMobil also involves the sale of lubricant business and intellectual property rights. Next steps include appointing an independent expert to assess the offer price and finalizing the deal in Q4 2025.

Source: https://www.globenewswire.com/Tracker?data=0pWW6ltcCVRC4chUkHCVlorm_R6mEk6lWO653MvFsc7cupSnNtda8B5EnVft0uN3fU1_a48QPbtIRIu_fOAjVhIV5u14mPWRZe_rwNuQBzP5Cy5wMBGhJHQaeNubvw2Qu9gTfk5N2IcjS4nir8_CJnuJ8uvLMn6Vq75paCx5m6LuvJnqLRdB34Sfq3fiX30-7CCsv7CxmeDfrKXFsOCyKLJkKOJKs48_nyAZ5t-cWU9MEHxCjtscha1tbkkpvyskQH7kq4dZgdnsgnhdJdyKIQ

Read more at GlobeNewswire: Signature de l’accord d’acquisition par North