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News 2026-09-15 04:14 UTC

Solar Acquires South African Explosives Co Omnia for $1.3b

Our Bureau New Delhi: Nagpur-headquartered Solar Industries has acquired South Africa's Omnia Holdings for $1.3 billion in one of the largest outbound mergers and acquisitions deals in the defence sector.Solar's wholly owned, step-down subsidiary Solar SA Investments Pty will acquire all outstandin…