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Sri Lanka’s Carson Cumberbatch to purchase Equity One shares

Nov 02, 2015 (LBO) – Sri Lanka’s diversified Carson Cumberbatch on Monday said it intends to make an offer to purchase remaining Equity One ordinary shares at 77.
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50 rupees per share. Equity One announced today that they are to de-list its ordinary shares from the official list of the Colombo Stock Exchange subject to necessary approvals.
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Carson Cumberbatch, the majority shareholder of Equity One (holding 96.
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28%) said it will purchase shares of those who wish to divest their shares. A circular detailing the rationale for the proposed de-listing together with the notice of EGM will be dispatched to the shareholders, Equity One said in a stock exchange filing.
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