On the directives of President Ranil Wickremesinghe, the Presidential Secretariat has organized 54 institutions that provide investor facilitation services under seven Task Forces The aim is to create a business-friendly environment in the country by simplifying the process involved and increase efficiency.
Dialog, Axiata Group and Bharti Airtel sign binding term sheet to combine operations in Sri Lanka Dialog Axiata Plc (“Dialog”), Axiata Group Berhad (“Axiata”) and Bharti Airtel Limited (“Airtel”) (collectively “the Parties”), have entered into a binding term sheet to combine operations of Bharti Airtel Lanka (Private) Limited, Airtel’s wholly-owned subsidiary with Dialog, a subsidiary.
Dialog, Axiata Group and Bharti Airtel Limited have entered into a binding term sheet to combine operations of Bharti Airtel Lanka (Private) Limited, Airtel’s wholly-owned subsidiary with Dialog, a subsidiary of Axiata Group Berhad.
The proposed transaction envisages Airtel being granted a stake