ECONOMYNEXT – Sri Lanka’s diversified Hayleys group has bought into Harischandra Mills, a public listed consumer goods company from Senthilverl Holdings, market sources said. Senthilverl Holdings has had a 40 percent stake (779,123 shares) in the firm for many years. The stock traded around 3,300 rupees, spiking to 5,250 Thursday with 779,000 shares traded by mid-morning, Colombo Stock Exchange data showed. Sri Lanka has seen some M&A activity with the central bank missing its inflation target, allowing interest rates to fall and keeping costs stable for companies. (Colombo/Oct17/2025 – Update II)
Sri Lanka’s Hayleys buys into Harischandra Mills
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