Deals of the day-Mergers and acquisitions

Premier Explosives

09/07/2026 21:08

Adds Trucordia, Apollo Micro Systems
July 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1930 GMT on Thursday:
 
     
** Trucordia has acquired the assets of California-based boutique brokerage Dominion Insurance Services, the U.S. brokerage announced on Thursday. nL6N43B0S9
     
** India's Apollo Micro Systems APLL.NS will acquire a 41.33% stake in defence equipment maker Premier Explosives PRMR.NS for 15.5 billion rupees ($162.50 million), the companies said on Thursday. L4N43B1B4
 
     
** Enterprise Risk Associates has acquired Insurance Solutions of America, a Florida-based commercial insurance brokerage and risk management consulting firm, the company said on Wednesday. nL6N43B0O1
 
     
** Specialty insurer Arrow Global Insurance has acquired Fusion Specialty, the company said. nL6N43B0MQ
 
     
** German engine manufacturer Deutz <DEZG.DE> said it had agreed to acquire military vehicle maker FFG Flensburger Fahrzeugbau Gesellschaft for 1.6 billion euros ($1.83 billion), deepening its push into the defence sector as European military spending rises. nL8N43B09O
 
     
** The Russian federal property management agency Rosimushchestvo said that it had sold nationalised grain trader Rodnie Polya to Tiara Holding for 11.7 billion roubles ($153.6 million) at a state auction. nS8N42X00D
     
** Amwins Group and Dragoneer Investment Group have reaffirmed their A$6-per-share cash takeover proposal for Steadfast, extending an exclusivity period granted by the Australian insurance broker by four weeks, Steadfast said. nL6N43B0BT
     
** Finland's S-Bank said it will make a voluntary cash tender offer of €17.20 per share for Oma Savings Bank OMASP.HE, valuing the lender at €571.4 million ($653.17 million), Oma Savings Bank said in a statement. nL8N43B0AE

(Compiled by Rajarshi Roy and Nandan Mandayam in Bengaluru)