Market Chatter: JPMorgan, HSBC and BNP Paribas in Talks to Fund Aegis Logistics' $809 Million Tristar Deal

06:21 AM EDT, 10/19/2026 (MT Newswires) -- JPMorgan Chase (JPM), HSBC (HSBC) and BNP Paribas are in talks with Aegis Logistics to help finance its $809 million acquisition of Dubai-based Tristar Holdings, Bloomberg reported Monday, citing unnamed sources. The Indian logistics company is considering raising at least $300 million through foreign-currency debt and another $250 million to $300 million via a qualified institutional placement, the report said. Aegis may also use cash reserves to fund the deal, it added. The acquisition is expected to close by the end of March, according to Bloomberg. JPMorgan, HSBC, BNP Paribas and Aegis did not immediately respond to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)