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UAE: Spending habits change as consumers stay cautious amid Covid pandemic

UAE: Spending habits change as consumers stay cautious amid Covid pandemic
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Debashish Mukherjee , Consumer Industries , Retail Practice , Kearney Middle , டெபாசிஸ் முகர்ஜி , நுகர்வோர் தொழில்கள் , சில்லறை ப்ர்யாக்டீஸ் , கர்நீ நடுத்தர ,

Standard Chartered serves as exclusive financial advisor to MAS Holdings in divestment of attune Consulting to Rizing - Adaderana Biz English


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 ....

Sri Lanka , Tamani Dias , Bingumal Thewarathanthri , Sudarshan Ahangama , Consumer Industries , Bank Mergers Acquisitions , International Corporates , Standard Chartered Bank South Asia , Lanka Private , Standard Chartered Sri Lanka , Enterprise Asset Management , Human Capital Management , Chief Executive Officer , Standard Chartered Sri , Standard Chartered , Standard Chartered Bank , Institutional Banking Coverage , Integrated Middle Office , ஸ்ரீ லங்கா , தமணி டயஸ் , நுகர்வோர் தொழில்கள் , சர்வதேச கார்ப்பரேட்டுகள் , லங்கா ப்ரைவேட் , தரநிலை பட்டய ஸ்ரீ லங்கா , நிறுவன சொத்து மேலாண்மை , மனிதன் மூலதனம் மேலாண்மை ,

Rizing, LLC acquires attune Lanka from MAS Holdings


MAS Holdings announced today, that in line with its long-term strategic objectives, it has concluded the acquisition of its subsidiary attune Lanka (Private) Limited by Rizing, LLC. Rizing is a privately held, US-based boutique firm specializing in providing SAP solutions for Consumer Industries, Enterprise Asset Management and Human Capital Management worldwide.
In 2018, MAS Holdings completed an assignment with a leading global consultant to develop a long-term strategic plan, which identified areas of growth based on its core competencies and in the adjacent areas of Femtech and Wearable technology. The divestment of attune was an outcome of this plan, with the intent of finding the right partner for the Company to enable it to scale and grow. ....

United States , United Kingdom , Sri Lanka , Mike Maiolo , Mahesh Amalean , Consumer Industries , Mas Holdings , Lanka Private , Standard Chartered Bank , Enterprise Asset Management , Human Capital Management , Sri Lankan Owned , North America , Vajira De Silva , Chartered Bank , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , ஸ்ரீ லங்கா , நுகர்வோர் தொழில்கள் , மச் ஹோல்டிங்ஸ் , லங்கா ப்ரைவேட் , தரநிலை பட்டய வங்கி , நிறுவன சொத்து மேலாண்மை , மனிதன் மூலதனம் மேலாண்மை , ஸ்ரீ லங்கன் ஓஂட் , வடக்கு அமெரிக்கா ,