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Tega Industries has entered into a definitive agreement to acquire Molycop, a leading global supplier of grinding media, from American Industrial Partners and Apollo Global Management, at an enterprise value of approximately $1.45 billion. The transaction is subject to regulatory approvals.
“This acquisition will mark a significant milestone in Tega's corporate journey, transitioning from an Indian enterprise with a robust international footprint into one of India's leading innovation-driven MNC and a significant global player.”im-mining.com
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