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Firms show interest in SriLankan Airlines

Sources say some of these firms include TPG and BlackRock Inc
Thursday, October 6, 2016 - 05:50
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"The expectation from the partner is capital. If you keep the debt out, it will have a positive valuation," Mr Ratwatte, CEO of SriLankan Airlines.

Colombo

PRIVATE equity firm TPG and fund company BlackRock Inc are among half a dozen firms which have shown preliminary interest in a 49 per cent stake in loss-making SriLankan Airlines Ltd, people familiar with the matter said.

They said Sri Lanka is looking to sell the stake in