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    • Stake-sale funds will clear debt, boost biz: Ammann Apollo

      Anand Patel, CEO, Ammann Apollo India says, in an interview on CNBC-TV18, that the proceeds from the sale of 70-percent stake in its subsidiary Apollo Construction Equipment Limited (ACEL) to Switzerland-based Ammann Group will be used to build the company‘s crushing and screening equipment.

    • Gujarat Apollo in strategic JV with Ammann group; stk up 4%

      Gujarat Apollo Industries has launched strategic JV with Switzerland based Ammann Group, reports CNBC-TV18. At 09:30 hrs Gujarat Apollo Industries was quoting at Rs 109.45, up Rs 4.95, or 4.74 percent.

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