Exxon Mobil Eyes $600 Million Hong Kong Station Sale

Exxon Mobil is considering selling its Esso gas stations in Hong Kong. The deal for the 41-station network could be valued at up to $600 million.

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EXXON MOBIL CORP, the major energy producer based in the United States, is reportedly weighing the sale of its retail fuel operations in Hong Kong. According to sources familiar with the matter, the company could seek a valuation ranging from $500 million to $600 million for the assets.

A magnifying glass highlights the Exxon Mobil logo and a financial chart in this illustration from September 2022. REUTERS/Dado Ruvic/Illustration
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