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Solar Industries To Acquire South Africa’s Omnia Holdings For $1.36 Billion To Expand Global Mining Business

Solar Industries To Acquire South Africa’s Omnia Holdings For $1.36 Billion To Expand Global Mining Business
Photo: Free Press Journal · view original

India’s Solar Industries said on Monday that its subsidiary will acquire South African company Omnia Holdings in an all-cash transaction valued at around $1.36 billion, as the explosives and ammunition manufacturer seeks to strengthen its presence in the global mining industry. Solar SA Investmen...

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