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Sri Lanka s Union Bank said CG Capital Partners Pte Ltd, a unit of Nepali businessman Binod Choudhary s business group is now its ultimate controlling shareholder following the indirect acquisition of its main shareholder.

Sri lankaBinodk choudharyCulture financial holdings ltdUnion bankCg capital partners pte ltdSri lanka union bankNabil bankCg corp globalAsia vi sf pte ltdColombo stock exchangeCulture financial holdingNational asset managementPartners pte ltdBinod choudharyPartners globalFinance minister