Saturday, May 6, 2017
San Fransisco Based US Firm Has Pulled Out From The Talks On Purchasing Minor Stakes Of Sri Lankan Airlines
The San Francisco based US Equity Firm "TPG" one of
the three bidders short listed to purchase 49 % of the Sri Lanka's National Airline Carrier "Sri Lankan "Airlines has pulled out from the talks held with authorities on purchasing the minor stakes of the Airlines it has been revealed.
Sri Lanka is searching a foreign buyer to sell 49% shares of the Sri Lsnkan Airlines along with it's management control of the Airlines due to it"s current huge debt.
After calling bids to sell the minority stake of the Sri Lanka's national carrier with the aim of cutting it's current debt and make it a profitable one last July ,the Sri Lankan authorities short listed three buyers out of the nine bids submitted namely TPG Firm,A Maldivian Company and Peace Air based in Sri Lanka.However the bids of these three short listed companies were low according to the authorities.
Sri Lankan Authorities are now engaged in talks with the Dubai Emirates regarding the selling of minor stakes of the Airlines.
the three bidders short listed to purchase 49 % of the Sri Lanka's National Airline Carrier "Sri Lankan "Airlines has pulled out from the talks held with authorities on purchasing the minor stakes of the Airlines it has been revealed.
Sri Lanka is searching a foreign buyer to sell 49% shares of the Sri Lsnkan Airlines along with it's management control of the Airlines due to it"s current huge debt.
After calling bids to sell the minority stake of the Sri Lanka's national carrier with the aim of cutting it's current debt and make it a profitable one last July ,the Sri Lankan authorities short listed three buyers out of the nine bids submitted namely TPG Firm,A Maldivian Company and Peace Air based in Sri Lanka.However the bids of these three short listed companies were low according to the authorities.
Sri Lankan Authorities are now engaged in talks with the Dubai Emirates regarding the selling of minor stakes of the Airlines.
Nearly 6000 Police Personal To Be Deployed By Sri Lanka To Provide Special Security For Indian Prime Minister Modi
Sri Lankan government is due to deploy nearly 6000
police officers to provide special security for the Indian Prime Minister Narendra Singh Modi who is due to arrive Sri Lanka on 12th of May to attend religious activities organized to mark the United Nations Wesak Festival scheduled to be held in Colombo.
According to the Inspector General Of Police Pujith Jayaundera under the special scurity measures police officers who are specilized in VVIP Security,Special Task Force Personal and ordinary police officers numbering nearly 6000 will be deployed for the security of Prime Minister Modi and Wesak related events otganized under the UN Wesak Festival.
These special security measures includes security to be provided to the Wesak related events in Colombo and Kandy.
During his visit to Sri Lanka Prime Minister Modi is also due to visit the Sacred temple of tooth relics "Dalada Maligawa" in Kandy.
police officers to provide special security for the Indian Prime Minister Narendra Singh Modi who is due to arrive Sri Lanka on 12th of May to attend religious activities organized to mark the United Nations Wesak Festival scheduled to be held in Colombo.
According to the Inspector General Of Police Pujith Jayaundera under the special scurity measures police officers who are specilized in VVIP Security,Special Task Force Personal and ordinary police officers numbering nearly 6000 will be deployed for the security of Prime Minister Modi and Wesak related events otganized under the UN Wesak Festival.
These special security measures includes security to be provided to the Wesak related events in Colombo and Kandy.
During his visit to Sri Lanka Prime Minister Modi is also due to visit the Sacred temple of tooth relics "Dalada Maligawa" in Kandy.
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