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  • Hayleys Fabric to Become the largest fabric manufacturer in Sri Lanka After Acquisition of Ambeon’s South Asia Textiles

Hayleys Fabric to Become the largest fabric manufacturer in Sri Lanka After Acquisition of Ambeon’s South Asia Textiles

Dhamike Perera-controlled, Hayleys Fabric PLC (MGT) entered into an agreement with Ambeon Holdings PLC (GREG) yesterday (22nd April) to acquire the fourth largest fabric manufacturer in Sri Lanka South Asia Textiles…

Arpico Finance and Associated Motor Finance advances with the proposed merger

Arpico Finance Company PLC (AFC) and Associated Motor Finance Company PLC (AMF) announced the merger of two entities subject to the approval of shareholders and the Colombo Stock Exchange (CSE).…

Elevated capex requirements may force Airtel Lanka to seek a M&A deal – Fitch

Bharti Airtel Lanka may still seek a merger and acquisition (M&A) deal due to competition and higher taxes amid elevated capex requirements, Fitch Rating said a latest report. “Telcos in…