Shaw Wallace Ceylon Limited, a subsidiary of Renuka Foods Plc has acquired 20,290,000 ordinary shares which amounts to 50 per cent shareholding of Richlife Dairies Limited from Renuka Agri Foods Plc for Rs. 605 million.
Shaw Wallace Ceylon Ltd. will integrate Richlife Dairies Ltd into its operations.
Shaw Wallace acquires 50% shareholding of Richlife Dairies
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