Wednesday Jan 28, 2026
Wednesday Jan 28, 2026
Wednesday, 28 January 2026 00:20 - - {{hitsCtrl.values.hits}}
Hemas Holdings PLC has received approval from the Competition Authority of Kenya for its proposed acquisition of a majority equity stake in a consumer products company based in Kenya.
The clearance relates to a Share Sale and Purchase Agreement entered into on 25 September 2025. The company said that it is currently progressing with the remaining conditions precedent to the transaction, including obtaining approval from the Central Bank of Sri Lanka.
Hemas said it will inform the Colombo Stock Exchange of further developments in due course.
