Deshodaya Development Finance Limited signed a memorandum of understanding to acquire 75.98% stake in George Steuart Finance PLC (COSE:GSF-N-0000) from George Steuart & Company Limited and Capital Trust Holdings (Pvt) Ltd. for approximately LKR 380 million on July 21, 2014. The deal is subject to approval by the Central Bank.
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- Deshodaya Development Finance Limited signed a memorandum of understanding to acquire 75.98% stake in George Steuart Finance PLC (COSE: GSF-N-0000) from George Steuart & Company Limited and Capital Trust Holdings Ltd. for approximaterly LKR 380 million.