LankaWeb – Lankan firm eyes Agora takeover lankaweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lankaweb.com Daily Mail and Mail on Sunday newspapers.
Softlogic Holdings PLC is in talks with Agora to acquire the full operation of Bangladesh’s oldest supermarket chain, said the Sri Lankan conglomerate and people familiar with the matter.
Softlogic Holding PLC announces that the company’s fully owned subsidiary Softlogic Retail Holdings (Private) Limited has entered into a Sale and Purchase Agreement today (04) for the acquisition of Agora Limited of Bangladesh by acquiring a 100% stake in the said company via a series of transactions, subject to terms and conditions set out therein.