Sri Lanka’s Hayleys acquires 75-pct stake in Fentons for Rs963mn

Mar 15, 2016 (LBO) – Sri Lanka’s Hayleys has acquired 75 percent of the equity stake of Fentons Limited for 963 million rupees, the Company said in a stock exchange filing. Fentons, established in 1921 is a leading electrical and mechanical engineering solutions provider for Building Systems and ICT Infrastructure. “The management of Hayleys believes […]