Signed & Sealed

The government sold off its holding in Sri Lanka Insurance Corp. to the Distilleries consortium for Rs. 6.05 bn. The new owners plan to list SLIC in two-years, to pave the way for the Dutch ING Group to take up an equity stake.

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A four-member team from ING, has started work to give SLIC a facelift, in key areas like re-insurance, product development, actuarial services and IT.rn

rnBelow is a list of LBO Reports on SLICs restructuring and other related articles. rn
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