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Petron Oil & Gas International Sdn Bhd acquires 65% of Esso Malaysia Berhad, 100% of ExxonMobil Malaysia and 100% ExxonMobil Borneo

In March 30, 2012, Petron Oil & Gas International Sdn Bhd, a subsidiary of Petron Corporation, has completed the acquisition of 65% of Esso Malaysia Berhad (EMB), a publicly-listed company in Malaysia.
Petron Oil & Gas International Sdn Bhd also acquired 100% of ExxonMobil Malaysia Sdn Bhd, and 100% of ExxonMobil Borneo Sdn Bhd.

The acquisition of all of these companies has aggregate purchase price of $577.3 million.
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"Petron Oil & Gas International Sdn Bhd acquires 65% of Esso Malaysia Berhad, 100% of ExxonMobil Malaysia and 100% ExxonMobil Borneo" was written by Mary under the Business category. It has been read 2233 times and generated 0 comments. The article was created on and updated on 02 April 2012.
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