Brief: Apollo Micro Systems To Buy Control Of Premier Explosives For 15.5 Bln Rupees
July 9 (Reuters) - Apollo Micro Systems LtdAPLL.NS : * TO BUY CONTROL OF PREMIER EXPLOSIVES * OPEN OFFER FOR PREMIER EXPLOSIVES AT 698 RUPEES PER SHARE * OPEN OFFER REPRESENTS 41.33% OF PREMIER EXPLOSIVES * ACQUISITION EXPECTED TO COMPLETE WITHIN 5 MONTHS * COST OF ACQUISITION 15.5 BILLION RUPEES Source text:ID:nBSEchhmZd Further company coverage:APLL.NS ((Reuters.Briefs@thomsonreuters.com;))
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