The Economic Times

Aegis Logistics to acquire 89.8% stake in Dubai-based Tristar Holdings for $809 million

Aegis Logistics is set to acquire 89.8% stake in Tristar Holdings, based in Dubai, for $809 million. The deal seeks to strengthen Aegis's global footprint in liquid logistics and creating new avenues for business growth. The acquisition is expected to complete by the fourth quarter of FY27.