Paris: North Atlantic France SAS (‘North Atlantic’) has announced the inventory value adjustment amount concerning its proposed acquisition of a majority stake in Esso Soci©t© Anonyme Fran§aise SA (‘Esso S.A.F.’). The announcement follows North Atlantic’s earlier declaration on May 28, 2025, about entering into exclusive negotiations with ExxonMobil France Holding SAS (‘ExxonMobil’).

According to BERNAMA News Agency, the negotiations are centered around North Atlantic’s acquisition of ExxonMobil’s entire stake in Esso S.A.F. and ExxonMobil Chemical France SAS. This development came after the signing of a put option agreement, which signifies a critical step in North Atlantic’s strategic expansion plans within the French energy market.