Arcasia and ATX Launch Rs. 0.40-a-Share Offer for Industrial Asphalts
Proposed takeover values the Sri Lankan listed company at approximately Rs. 1.5 billion Arcasia Investment & Trading and ATX Partners have launched a Rs. 0.40-per-share offer for Industrial Asphalts (Ceylon) PLC after securing agreements covering 50.16% of the listed company. This article explains the transaction, its valuation, regulatory process and the important details shareholders should […]
