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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » People’s Leasing discussing mergers

People’s Leasing discussing mergers

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1People’s Leasing discussing mergers Empty People’s Leasing discussing mergers Sat Feb 01, 2014 1:00 pm

Berryfund


Equity Analytic
Equity Analytic
The People’s Leasing Company (PLC) has begun discussions with some four finance companies to acquire them, PLC officials said.
“They have approached us and we’re talking to them,” a senior official told the Business Times.

The official added that they may also wrap up a deal involving a big finance company and another company where one will purchase a small finance company’s assets and the other will buy its infrastructure.

http://www.sundaytimes.lk/140126/business-times/tfc-to-strike-merger-deal-with-a-state-bank-80866.html

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
You are one of the oldet members of the forum. Were you way from the market all these years?

Anyway, if we can find these 4 companies it will be great!

Okay someone guessing can PM me haha.

dhanurrox


Vice President - Equity Analytics
Vice President - Equity Analytics
PMB something around the corner.
Anyway did anyone observe BLI( BIMPUTH) going from 17 to 30 last few weeks.?
I sold at 24.9 unluckily.

mark

mark
Expert
Expert
@dhanurrox wrote:PMB something around the corner.
Anyway did anyone observe BLI( BIMPUTH) going from 17 to 30 last few weeks.?
I sold at 24.9 unluckily.

The last run 18-20 of BLI made by me, Almost all qty bought by me, but no push made by anyother. So had to sold until it reach 17.50 with loss to short it. Then bought at 16.40 and sold at 18 in this run.

Now i see it at 30 Razz

Thanks to merge it clîck 30, unless no other needed this to go up except one or two traders in the market.

30 is too much price for sure

5People’s Leasing discussing mergers Empty Re: People’s Leasing discussing mergers Sun Feb 02, 2014 12:03 pm

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics
Surely Peoples Merchant bank (Formaly) is on the cards.
I noticed in their last annual report neither chairman's nor CEO's message was there.Mr G Raman was acting CEO then and now he is confirmed as CEO (According to recent company announcement).
People's Bank holds a considarable stake of PMB and company is going through a difficult period due to many reasons (Ex -No proper management ).

6People’s Leasing discussing mergers Empty Re: People’s Leasing discussing mergers Sun Feb 02, 2014 12:07 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
http://forum.srilankaequity.com/t32439-mergers-banks-nbfis#191735

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