MARKETS

Exxon divests Thai refining and retail business

EXXONMOBIL will divest its refining business in Thailand along with a network of retail fuel stations across the country to Bangchak Corporation for just over US$600 million.

paul hunt

Exxon divests Thai refining and retail business

Exxon planned to sell off the business for some time and said reaching a deal with Bangchak would strengthen company value and overall competitiveness. The deal includes Exxon's Sriracha refinery...

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