Home » Sri Lanka’s Hayleys pays Rs2.5bn for 40-pct of Harischandra, retail price soars

Sri Lanka’s Hayleys pays Rs2.5bn for 40-pct of Harischandra, retail price soars

written by Rashika Hennayake Source

EconomyNext :  Sri Lanka’s Hayleys paid 2.57 billion rupees to buy a 40 percent stake in Harischandra Mills, the company said in stock exchange filing.

The company paid 3,300 rupees a share for 779,946 shares.

Senthilverl Holdings was the seller.

Asia Securities handled the transaction.

In retail trade Harishchandra closed up 2,475 rupees at 7,424 rupees.

The post Sri Lanka’s Hayleys pays Rs2.5bn for 40-pct of Harischandra, retail price soars appeared first on LNW Lanka News Web.

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written by Rashika Hennayake Source

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