ADNOC L&S completes acquisition of 80% stake in Navig8 worth $1.04 billion

ADNOC L&S completes acquisition of 80% stake in Navig8 worth $1.04 billion
ADNOC Logistics and Services plc today announced the completion of its acquisition of an 80% stake in Navig8 TopCo Holdings Inc. (Navig8) for $1.04 billion (AED3.8 billion), with a contractual commitment to acquire the remaining 20% in mid-2027.Navig8 is an international shipping pool operator and commercia...