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Standard Chartered serves as exclusive financial advisor to MAS Holdings in divestment of attune Consulting to Rizing
May, 12, 2021
Standard Chartered Sri Lanka recently supported MAS Holdings to achieve one of its long-term strategic initiatives by identifying a suitable partner for its subsidiary, attune Lanka (Private) Limited. After a thorough evaluation conducted by the Bank’s Mergers & Acquisitions (M&A) team to identify a potential investor, MAS Holdings concluded the transaction with Rizing, a privately held, US-based boutique firm specialising in providing SAP solutions for Consumer Industries, Enterprise Asset Management and Human Capital Management worldwide, on 4
th May 2021.
Commenting on the Bank’s role as the sole financial advisor for this transaction was Bingumal Thewarathanthri, Chief Executive Officer, Standard Chartered Sri Lanka. “At Standard Chartered, we are committed to continue strengthening our relationships with clients by supporti ....

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