ExxonMobil's Singapore Retail Fuel Stations to be Acquired
Indonesia-based Chandra Asri Pacific will acquire ExxonMobil's network of Esso-branded retail fuel stations in Singapore.
Chandra Asri Pacific will continue to operate the Singapore fuel stations under the Esso brand and purchase fuel from ExxonMobil.
- Acquisition includes nearly 60 fuel stations in Singapore and associated supply agreements.
- Existing customer loyalty points and cards will be maintained.
- Chandra Asri Group will take on all relevant ExxonMobil staff running the business.
Chandra Asri Group will also take on all the relevant ExxonMobil staff running the business.
Author summary: ExxonMobil sells Singapore stations.