ExxonMobil to buy Indonesian lubricant firm Federal in $436m deal

ExxonMobil to buy Indonesian lubricant firm Federal in $436m deal

ExxonMobil has agreed to acquire Indonesian motorcycle lubricant maker PT Federal Karyatama (FKT) in a $436 million transaction, FKT’s parent PT Mitra Pinasthika Mustika said on Monday.

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