01:49 AM EDT, 10/14/2026 (MT Newswires) -- An undisclosed unit of Agility Global (ADX:AGILITY) agreed to divest its stake in its fuel logistics unit, Tristar, for an enterprise value of $1.5 billion. The Abu Dhabi-listed investment and asset management company's subsidiary will be sold to Indian oil, gas, and chemical logistics company Aegis Logistics, according to a Wednesday release. The company will receive $581 million from the deal, which comprises a $425 million payment on completion and a deferred earn-out payment worth up to $46 million. The transaction, which does not include the company's interest in a fuel storage asset, is expected to be finalized in March 2027, subject to regulatory clearances.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.