Deshodaya Development Finance Limited completed the acquisition of 70.25% stake in George Steuart Finance PLC (COSE:GSF-N-0000) from George Steuart & Company Limited and Capital Trust Holdings Ltd. for approximately LKR 350 million.
Deshodaya Development Finance Limited completed the acquisition of 70.25% stake in George Steuart Finance PLC (COSE:GSF-N-0000) from George Steuart & Company Limited and Capital Trust Holdings (Pvt) Ltd. for approximately LKR 350 million on September 24, 2014. Deshodaya acquired 11.4 million shares from George Steuart & Company and 4.33 million shares from Capital Trust Holdings at LKR 22.2 per share.