Apollo Micro Systems Set To Acquire Premier Explosives In ₹2,500 Crore Deal

Apollo Micro Systems is close to finalising a major acquisition deal to buy Premier Explosives for an estimated sum between ₹2,300 crore and ₹2,500 crore.The valuation includes the cost of an open offer to minority shareholders of Premier Explosives, according to individuals familiar with the matter. A board meeting of Premier Explosives has been scheduled today to deliberate on the proposal.Both
Apollo Micro Systems is close to finalising a major acquisition deal to buy Premier Explosives for an estimated sum between ₹2,300 crore and ₹2,500 crore.The valuation includes the cost of an open offer to minority shareholders of Premier Explosives, according to individuals familiar with the matter. A board meeting of Premier Explosives has been scheduled today to deliberate on the proposal.Both
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