on ESSO (EPA:ES)
North Atlantic plans to acquire ExxonMobil's stake in Esso SAF
Esso SAF announces the progress of a proposed acquisition by North Atlantic France SAS. This transaction concerns ExxonMobil France Holding SAS's stake in Esso SAF. An independent expert has been appointed. The Board of Directors has mandated Ledouble SAS, represented by Agnès Piniot and Romain Delafont. Their mission is to verify the financial conditions of the public takeover bid that North Atlantic is considering. The transaction could lead to a squeeze-out if legal standards are met.
A combined general meeting is scheduled for November 4, 2025. The closing of this transaction is expected before the end of 2025, subject to the necessary authorizations and financing agreements.
R. E.
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