Deadline for EOIs for SriLankan, Mihin extended

Aug 08, 2016 (LBO) – The deadline for EOIs for the ‘Reorientation’ of SriLankan Airlines and Mihin Lanka have been extended by a week until August 31, a statement said.

NSB Fund Management, a unit of state-owned National Savings Bank, is the lead manager, while BNP Paribas and KPMG are financial and transaction advisors in finding a strategic investor.

Hainan Airlines Company Limited, China’s largest privately-owned air transport firm, was one of the companies interested in managing SriLankan Airlines, a media report said.