Piramal Glass Pvt Ltd on Tuesday sold its 56 per cent stake in the company in early trade on the Colombo Stock Exchange.
Piramal Glass' 536,331,880 shares crossed at Rs.11.6 in a Rs. 6.2 billion transaction. To whom the stake was sold was still unclear with stockbrokers predicting it was sold to a foreign buyer.
Private equity giant Blackstone acquired the parent, the globally diversified Piramal Group' glass packaging business, Piramal Glass, some months ago. Stockbrokers said Tuesday's deal was a part of this transaction.
A Thai woman walking topless in Arugam Bay town has been arrested by the Police.
The Cabinet has approved a proposal for Sri Lankans overseas to apply for their passports through an online system via the Lankan diplomatic missions.
Ajith Gallage, the owner of a Bird Park in Nagarawawa, Hambantota, has been remanded over allegations of concealing illegally imported motorcycles, in a warehouse owned by him.
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