Actis exits Sri Lanka's Ceylon Oxygen to Linde Group
Actis has exited its 95% stake in Sri Lankan industrial and medical gases business Ceylon Oxygen to global strategic peer The Linde Group, for an undisclosed amount.
The Linde Group said that it will use the acquisition to further the expansion of its South and Southeast Asian platform. “The investment in Ceylon Oxygen will expand Linde’s footprint in emerging...
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