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The Investor Sentiment - Equity and investments forum for Sri Lankans

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    Commercial Bank to acquire Indra Finance

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    Commercial Bank to acquire Indra Finance Empty Commercial Bank to acquire Indra Finance

    Post by Backstage Thu Jul 17, 2014 12:04 am

    Commercial Bank to acquire Indra Finance
    Ada Biz Admin

    July 16th, 2014

    Following negotiations, Commercial Bank of Ceylon PLC has decided to acquire the entire issued and fully paid share capital of Indra Finance Limited, a licensed finance company, for a total price of Rs. 870 million.

    This share acquisition is in compliance with the consolidation plans of the Central Bank of Sri Lanka.

      Current date/time is Wed Jun 19, 2024 10:04 pm