13-Oct-2026 23:08:26
AEGISLOGAcquisition and merger
AEGISLOG: SINGAPORE STEP-DOWN SUBSIDIARY ACQUIRES 89.8% EQUITY OF TRISTAR HOLDINGS
• Step-down subsidiary Aegis Logistics International Pte Ltd (Singapore) to acquire 89.8% equity of Tristar Holdings Limited via definitive share purchase agreement • Cash consideration of US$809mn for 89.8% stake, including contingent and interest for deferred consideration • Tristar is a Dubai-based integrated liquid logistics provider with operations in 30+ countries • Tristar FY2025 revenue c.US$1,401mn, EBITDA c.US$257mn and net profit c.US$82mn • Acquisition expected to complete in Q4 FY27, subject to competition/anti-trust approvals and customary closing conditions
Aegis Logistics Limited
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