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In 2003 Super Chain


Management control and a 40% stake in the state supermarket chain - Sathosa was taken over by a consortium led by Ceylon Biscuits. Richard Pieris, Ceylon Biscuits and Lion Breweries paid Rs.
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680 mn to win the deal, beating rivals Cargills and other bidders. The operation was handed over in late Nov.
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to the consortium and will be managed by its subsidiary International Grocers Association.rn

rnBelow is a list of LBO Reports on the CWE restructuring and other related articles. .

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rn rn Whole New Salern

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rn rn ab ab ab ab ab ab ab ab ab ab ab ab ab ab ab By Shafraz Farookrn ab ab ab ab ab ab ab ab ab ab ab ab ab ab ab

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