Bangchak Corp Nods on Final Offering Price for ESSO at THB9.8986

Bangchak Corporation Public Company Limited (SET: BCP) has announced that its Board of Directors approved the resolution to acquire 65.99% share holding of Esso (Thailand) Public Company Limited (SET: ESSO) from ExxonMobil Asia Holdings Pte. Ltd. at the price of THB9.8986 per share. 

BCP added that it will make a mandatory tender offer for all remaining shares of ESSO from all ESSO’s shareholders.

The payment transfer of share price to ExxonMobil Asia will be on 31 August 2023.