ADNOC L&S finalises Navig8 acquisition
ADNOC Logistics and Services has confirmed that in early January it finally completed its acquisition of an 80% stake in the tanker operator, Navig8 for US $1.04 billion (AED3.8 billion). The deal includes a contractual commitment to acquire the remaining 20% in mid-2027. Navig8 is an international shipping pool operator and commercial management company with …