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Friday, May 10, 2024

Bangchak to gain from acquistion of Esso unit

Company expects B3bn in additional revenue by 2025

Chaiwat Kovavisarach, chief executive officer and president of Bangchak Corporation, shows the purchase agreement worth 22.6 billion baht for a 65.99% stake in Esso Asia Holdings last month. The Thai energy firm is acquiring the remaining shares in Esso through a tender offer in the stock market. (Photo: Bangchak Corporation)

The SET-listed energy conglomerate Bangchak…

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