Infrastructure Developers PLC (COSE:IDL-N-0000) agreed to acquire an additional 10% stake in Serendib Engineering & Agencies (Private) Limited from SC De Silva for SLR 15.4 million on January 3, 2013. Under the terms of the transaction, Infrastructure Developers will acquire 0.05 million shares of Serendib Engineering & Agencies. The Board of Infrastructure Developers has decided for the acquisition.
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- Infrastructure Developers PLC (COSE: IDL-N-0000) agreed to acquire an additional 10% stake in Serendib Engineering & Agencies Limited from SC De Silva for SLR 15.4 million.