Tuesday, 7 October 2014

Central Finance to buy Isuru Leasing

Central Finance Company Plc has signed a Share Sale and Purchase Agreement to buy a majority stake in Isuru Leasing Company Ltd., as part of the Central Bank-initiated financial sector consolidation program.

Isuru is a Kandy-based relatively small finance/leasing company.

Purchase price will be based on the net asset value and is subject to obtaining regulatory and corporate approvals.
www.ft.lk

No comments:

Post a Comment