Energy
Exxon Is Said to Weigh Sale of $1 Billion Singapore Stations
- US energy company working with financial advisers on disposal
- Industry players, other funds have shown preliminary interest
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Oil major Exxon Mobil Corp. is considering a sale of its gas stations in Singapore, which could raise about $1 billion, according to people familiar with the matter.
Exxon is working with financial advisers on the potential disposal, the people said, asking not to be identified because the matter is private. Other industry players and investment funds have shown preliminary interest, they added.