Esso exits Thailand market as Bangchak completes acquisition
Esso Thailand’s 129 years of service in the country have come to an end as Bangchak Corporation (BCP) announces the completion of acquisition of a majority 65.99% stake in the petroleum company from ExxonMobil Asia Holdings. Some 700 Esso Thailand’s petrol stations across the country will now be operating under Bangchak’s brand. Following the acquisition, the Thailand-based petroleum company now …