APMI to Acquire 41% stake in Premier Explosives, Expands Defense Footprint
APMI has agreed to acquire a 41.33% stake in Premier Explosives for ₹15.5 billion (~$162.5 million). The deal broadens APMI's defense offerings and could improve its Indian manufacturing footprint and supplier base. Realizing synergies will depend on successful integration over the coming quarters.
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