Exxon Mobil Corp. is considering the sale of its gasoline station network in Hong Kong.
The potential transaction could be valued between $500 million and $600 million.
This divestment aligns with a strategy to shed non-core assets and streamline global retail operations. The move follows a broader trend of Exxon trimming its international retail footprint to focus on higher-margin business areas.
Discussions remain ongoing with no definitive timeline or identified buyers at this stage.