Market Chatter: Aster Chemicals to Bid for Exxon Mobil Gas Stations in Singapore

MT Newswires Live

Apr 25, 2025

Aster Chemicals and Energy is planning to bid for Exxon Mobil's (XOM) network of fuel stations in Singapore, Reuters reported Friday, citing unnamed sources familiar with the matter.

Binding offers for the retail outlets are due in May, with the network of 58 fuel kiosks valued at roughly $1 billion, according to the report.

Barclays (BCS) is advising Exxon Mobil on the deal, Reuters reported.

Exxon Mobil, Barclays, and Aster Chemicals and Energy did not immediately respond to MT Newswires' requests for comments.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0203345920.USD","symbol_name":"SCHRODER ISF QEP GLB ACT. VL \"A\" (USD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2530570182","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2530570182","pubTimestamp":1745582623,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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