Aegis Logistics acquires 89.8% stake in Tristar Holdings for USD 809mn
AEGISLOG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.9 pts more than Nifty Smallcap 250 and 5.5 pts more than its Gas peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Aegis Logistics will acquire 89.8% stake in Dubai-based Tristar Holdings, an integrated liquid logistics provider operating in 30 plus countries, for USD 809 million in cash via its Singapore step-down subsidiary. Tristar reported USD 1.4bn revenue, USD 257mn EBITDA and USD 82mn net profit in FY25. Deal is not a related party transaction and is expected to close in Q4 FY27, subject to regulatory approvals.
Major cash deal expanding Aegis into global liquid logistics, likely to lift earnings. Monitor regulatory approval progress.