Tristar Transport launches IPO of up to 24% stake
Tristar Transport launches IPO of up to 24% stake DUBAI, 3 hours, 56 minutes ago Tristar Transport, a leading global integrated liquid logistics solutions provider headquartered in Dubai, UAE, has launched its initial public offering (IPO) on the Dubai Financial Market (DFM). The offering comprises a base case of a minimum of 239,800,000 ordinary shares, which represents a transaction size of 20% of the total issued ordinary shares in the capital of Tristar, with a maximum of 287,760,000 ordinary shares, which will represent a transaction size of up to 24%. A price range of AED2.20 – AE...