Aug 18, 2026
✦The Economic Times
Aegis Logistics in talks to acquire UAE’s Tristar for $1.5 billion
Aegis Logistics is in advanced talks to acquire UAE-based Tristar for $1.5 billion. The Mumbai-based firm started discussions with lenders to finance this major deal. Tristar operates across many countries, which helps Aegis expand its oil and gas footprint. This move shows how companies use consolidation to grow their business.