ODEL, part of the Softlogic Group, has paid Rs. 300 million to acquire the business of retailer Cotton Collection, the Colombo Stock Exchange was informed on Wednesday.
The announcement from ODEL follows a media release issued on Tuesday of Cotton Collection’s acquisition by the Ashok Pathirage-led Softlogic Group making it the largest retailer in Sri Lanka. - Ends -
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Customs have detected 228 mobile phones and tabs valued at over Rs 30 million left behind in the duty free shopping complex at the Banaranaike International Airport today, Customs officials said.
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