LB Finance acquires 65 per cent stake in loss-incurring Mult

By Hiran H.Senewiratne Industry giant LB Finance PLC recently acquired a 65 per cent stake in loss- incurring Multi Finance PLC at Rs. 400 million, market analysts said. It bought 41.11 million shares or a 64.62 per cent stake, with 28.78 million shares being bought at Rs. 9.70 each and 12.32 million shares being purchased […]

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