TCOM Holdings acquired Aerostar International, Inc. from Raven Industries, Inc. on July 29, 2022. Barclays Capital Inc. acted as financial advisor to Raven Industries, Inc. Sullivan & Cromwell LLP acted as legal advisor to Raven Industries, Inc.

TCOM Holdings completed the acquisition of Aerostar International, Inc. from Raven Industries, Inc. on July 29, 2022.