Business
Chandra Asri gets US$250 million loan to fund equity in Esso deal
The financing underscores how private credit funds and traditional lenders increasingly operate side-by-side in mergers and acquisitions…
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Esso
Business
As EVs dominate, why are Esso petrol stations being acquired and what will the future look like?
The purchase of petrol stations – a ‘sunset’ industry – comes at a time where EV-maker BYD is outselling long-time king Toyota Indonesia’s…
Business
Indonesia’s Chandra Asri in talks with lenders to fund US$1 billion deal to buy Singapore’s Esso stations
Chandra Asri Pacific, an Indonesian energy and chemicals firm, is in talks with competing consortiums of lenders for loans to back its…
Business
Indonesia’s Chandra Asri to buy ExxonMobil’s Singapore Esso petrol kiosk network
Chandra Asri Pacific said on Friday (Oct 24) that it would acquire ExxonMobil’s network of Esso-branded retail fuel stations in Singapore.…
Business
Indonesia’s Chandra Asri to buy ExxonMobil’s Singapore Esso petrol kiosk chain
Chandra Asri Pacific said on Friday (Oct 24) that it would acquire ExxonMobil’s network of Esso-branded retail fuel stations in Singapore.…