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April 2, 2018
  A new consortium comprising foreign and local institutions has acquired 100% control of Melsta Regal Finance Ltd. for an estimated Rs. 2.5 billion. The consortium comprises Fairfax Financial Holdings Ltd. of Canada, MAS Holdings, Hirdaramani and former JKH Deputy Chairman Ajit Gunewardene’s newly floated investment management arm Bluestone Capital Ltd. For the acquisition, a...
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