June 21, 2022
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5min
        John Keells Holdings PLC (JKH) announced it will raise the equivalent of USD 75 million of foreign direct investment by way of a private placement of Sri Lankan Rupee (LKR) denominated unlisted convertible debentures (“debentures”) to certain controlled affiliates of Fairfax Financial Holdings Limited, headquartered in Canada (collectively, “Fairfax”). The transaction […]

March 18, 2022
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2min
        In 2021, Verdant Capital also completed exits for leading African private equity businesses and their portfolio companies, including Fairfax Africa and Kibo OHANNESBURG, South Africa, March 15, 2022/APO Group/ — Verdant Capital (www.Verdant-Cap.com) was ranked joint No 1 by M&A deal flow for 2021 in the prestigious DealMakers Africa leagues tables, […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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