North Atlantic to acquire ExxonMobil's stake in Esso SAF

Esso SAF announces a major breakthrough in North Atlantic France SAS's proposed acquisition of ExxonMobil's stake. On October 1, 2025, Esso SAF transferred ownership of its crude oil inventory and certain petroleum products to a bank. This transfer established a crucial reference period for adjusting prices based on changes in inventory values.

Subsequent steps include the appointment of an independent expert to prepare a financial report on the tender offer and a general meeting of shareholders scheduled for November 4, 2025. The transaction is expected to close by the end of the year, subject to obtaining the necessary authorizations.