SET-listed Bangchak Corporation Plc (BCP) has acquired a 65.99% stake worth 55 billion baht in Esso Thailand mainly from ExxonMobil Asia Holdings Pte.
Energy conglomerate BCP informed the Stock Exchange of Thailand (SET) on Thursday that its board of directors on Wednesday unanimously approved the acquisition.
The total deal worth 55.5 billion baht, including share purchase from Esso Asia at 33.31 billion baht and the rest, is the tender offer.
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