Lazard, world’s top investment bank, explores Sri Lanka; works with MTI
View(s):Recognised as one of the world’s preeminent financial advisory and asset management firms, the 170 year-old Lazard has shown interest in Sri Lanka, with a visit last week by an international delegation, in co-operation with MTI Consulting.
The global financial advisory firm, in conjunction with MTI Consulting, was due to meet officials of the Sri Lankan Government and discuss how Lazard could work with the government in its attempt to divest and attract foreign investments for its large non-strategic assets like hotels.
A media release from MTI said Lazard is a leading international investment bank dedicated to financial advisory and advises on many of the largest and most complex transactions, including advising Starwood Hotels on its sale to Marriott and Hotel Investment Partners on its sale to Blackstone.
MTI Consulting is Sri Lanka’s leading strategy consultancy and part of an internationally-networked, boutique consultancy network.