Sensex
72,781.89 profit arw -251.89 (-0.34%)
Nifty
22,622.70 profit arw -99.25 (-0.44%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Enter a 10 digit mobile number starting with 7, 8, or 9
Captcha verification code, enter the characters shown below

As on : 13-Oct-2026
Corporate News
13-Oct-2026     23:25

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

Aegis Logistics Limited announced that its board approved the acquisition of an 89.8% stake in Tristar Holdings Limited for a consideration of US$809 million, including contingent and interest for deferred consideration, via its 100% step-down subsidiary, Aegis Logistics International Pte Ltd. Tristar, incorporated in Dubai, is an integrated liquid logistics solutions provider with operations in over 30 countries and generated approximately US$1.4 billion in revenue for the fiscal year ended December 31, 2025. The acquisition, not considered a related party transaction, is expected to be completed in Q4 FY27 and is subject to regulatory approvals.

INDIAN INDICES

Sensex

72,781.89 -251.89 (-0.34%)

Nifty

22,622.70 -99.25 (-0.44%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

24,307.67 -37.55(-0.15%)