India's Solar Industries to acquire South Africa's Omnia for $1.4 billion
Solar Industries India Ltd. agreed to acquire South African industrial-explosives and fertilizer firm Omnia Holdings Ltd. for 21.8 billion rand ($1.4 billion). The acquisition aims to expand Solar Industries' presence in Africa's mining and agriculture industries. The offer of 134.5 rand per share represents a 14.3% premium to Omnia's closing price on Friday.
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Source:彭博市场 · Source Link
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