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Sri Lanka’s Expolanka buys US-based IDEA Logistics for $9.7mn Source:Economynext ECONOMYNEXT – Sri Lanka’s Expolanka Holdings said it had bought a 100 percent stake in US-based IDEA Logistics LLC, though two overseas unit for 97 million US dollars. “EFL Global Logistics (Pte.) Ltd (Singapore) and EFL Global LLC (USA), fully owned subsidiaries of Expolanka Holdings PLC (Expolanka), has acquired 100% equity interest of IDEA Logistics LLC and its Group of Companies on the 10th August 2021 for a total purchase consideration of 9.7 million UD dollars,” the firm said in a stock exchange filing. ...

Aug 28, 2021 Posted by In Articles Tagged ,
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