Energy conglomerate Bangchak Corporation Plc (BCP) has announced the closure of the deal to purchase Esso Thailand Limited from ExxonMobil Asia Holdings Pte.
The transaction, valued at 22.6 billion baht, was completed yesterday through the purchase of 65.99% of shares at a price of 9.89 baht per share. The move significantly enhances BCP’s asset portfolio, comprising refineries, fuel logistics, retail and land.
In a bid to consolidate…
