Govt. to buy back 51% stake with Shell
June 17, 2010 12:43 pm
The Government is to buy back the 51 per cent stake with Shell Sri Lanka. The Bank of Ceylon is to advice the committee formed to handle the negotiations, says Media Minister Keheliya Rambukwella.
Royal Dutch Shell plc, commonly known simply as Shell has begun divesting its shares overseas. Several private companies had shown a keen interest in buying the shares from Shell.
