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Firms show interest in SriLankan Airlines

Sources say some of these firms include TPG and BlackRock Inc

"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.


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...

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