TheEarlypost: Deals
Deals
* Apollo Micro Systems to acquire controlling stake in Premier Explosives
Premier Explosives is a manufacturer of high energy materials for defence, aerospace and mining sectors
* SEPC to acquire Avenir International Engineers, Abu Dhabi in all share deal
The transaction is expected to conclude by December 2026
* TPG-led consortium to acquire Aseem Infrastructure Finance
TPG’s investment is being made through TPG Rise Climate, the firm’s climate investing platform
* Power Finance Corporation to acquire REC
The combined finance company would remain government owned with a loan book of ₹11 lakh crore