This article highlights the key features of the legal framework governing mergers and acquisitions of publicly listed companies in United Arab Emirates, including filing and disclosure requirements.
Announcement of Intention to Float on the Dubai Financial Market
DUBAI, UAE, March 23, 2021 /PRNewswire/ Tristar Transport (PJSC - under incorporation) ( Tristar or the Company or, with its subsidiaries and subsidiary undertakings, the Group ), a leading global integrated liquid logistics solutions provider headquartered in Dubai, UAE, today announced its intention to proceed with an initial public offering (the IPO or the Offering ) on the Dubai Financial Market ( DFM ).
Established in 1998 as a road transport service provider for the petroleum industry in the UAE, Tristar has evolved into a leading integrated energy logistics company serving a diversified customer base of blue-chip investment grade companies. The Group has operations in 21 countries and territories across three continents and has over 2,000 road transport assets and 35 maritime vessels, including the operation of 69 fuel farms and over 100 remote fuel sites, providing a wide spectrum of integrated ser
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