Hutch, Etisalat complete merger deal

Wednesday, 5 December 2018 00:00 -     - {{hitsCtrl.values.hits}}

Emirates Telecommunications Group Company PJSC (Etisalat Group) has completed the sale of its 100% shareholding in Etisalat Lanka Ltd. to Hutchison Telecommunications Lanka Ltd.

Upon completion of the sale, the CK Hutchison Holdings Ltd. group will have a majority and controlling stake of 85% whilst the Etisalat Group will have 15% ownership of Hutch Lanka.

The deal was done on 30 November after the move was first announced in April 2018.

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Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.