Exxon Mobil divests Japan unit in $3.9B deal Source: Business Journal Sunday 29th January, 2012
Follow this company (NYSE: XOM) will sell off its Japanese refining business to its local partner in a deal valued at $3.9 billion, the oil major said Sunday.
Bloomberg reports that the sale of the Japanese retail and refining operation to TonenGeneral Sekiyu KK, which is acquiring 99 percent of Exxon Mobil Yegen Kaisha, comes as Exxon M... ...