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28Jan/120

Exxon to sell part of Tonen stake for about $3.9 bln: sources

TOKYO - Exxon Mobil plans to sell a large part of its 50 percent stake in TonenGeneral Sekiyu KK back to its Japanese refining partner in a deal that could be worth about 300 billion yen ($3.9 billion), and will make an announcement as early as Monday, four sources with direct knowledge of the matter said.

reuters.com

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