Tristar Group signs agreement for Aegis Logistics to become majority shareholder

Tristar Group and Aegis Logistics International Pte Ltd, have entered into an agreement for Aegis to acquire an 89.8% stake in Tristar in a transaction that values Tristar at a total enterprise value of US$ 1.5 billion. The acquisition will combine the strengths of both logistics entities to build a stronger global energy logistics network

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