Tega Industries completes $1.5B acquisition of Molycop with Apollo

Tega Industries Limited has completed the acquisition of Molycop in a consortium with Apollo Global Management, valuing the target at an enterprise value of about $1.5 billion. Tega will be the controlling shareholder, with Apollo Funds holding a minority stake.

“Tega Industries Limited on Monday said it has completed the acquisition of Molycop in a consortium with funds managed by affiliates of Apollo Global Management, valuing the target at an enterprise value of about $1.5 billion.”legal.economictimes.indiatimes.com

• 3 sources
• legal.economictimes.indiatimes.comTega Industries Partners with Apollo Global Management for $1.5 Billion Molycop Acquisition, ETLegalWorldOnline Desk, ET LegalWorldJun 1, 2026
• sahi.comTega Industries Completes $1.5 Billion Molycop Acquisition in Strategic Apollo Funds PartnershipSahi MarketsJun 2, 2026
• im-mining.comTega Industries strengthens global consumables offering with acquisition of Molycop - International MiningDaniel GleesonJun 2, 2026

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