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Solar Industries Bids $1.4 Billion for South Africa’s Omnia

Key Points

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), seeking to expand in the continent’s mining and agriculture industries.

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), seeking to expand in the continent’s mining and agriculture industries.
Solar Industries (ORG) South Africa’s (LOCATION) Omnia Solar Industries India Ltd. (ORG) South African (ORG) Omnia Holdings Ltd. (ORG)
Originally published by Bloomberg Markets Read original →