ExxonMobil-Chandra Asri Deal Impact on Singapore Petrol Customers
Market observers expect a "seamless changeover" with "minimal differences" when Chandra Asri acquires Esso petrol stations in Singapore.
Indonesia-based Chandra Asri will acquire ExxonMobil's Esso fuel stations in Singapore, with nearly 60 stations changing hands.
The deal, expected to be completed by year-end subject to regulatory approvals, will see Chandra Asri purchase fuel from ExxonMobil and operate the stations under the Esso brand.
Chandra Asri will maintain existing customer loyalty points and cards.
Experts told CNA that consumers are unlikely to be greatly impacted by the change in ownership.
Author's summary: Chandra Asri acquires Esso petrol stations in Singapore.
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