Aegis Logistics to Buy 89.8% of Dubai’s Tristar in ₹7,700 Crore Deal
Aegis Logistics Ltd. has announced plans to acquire an 89.8% stake in Dubai-based Tristar for about ₹7,700 crore, marking a major overseas expansion for the Indian logistics company. The transaction will be executed through Aegis Logistics International Pte Ltd, its wholly owned step-down subsidiary, underscoring the company’s intent to build a larger international platform in energy and logistics services.
