Softlogic Holdings PLC has announce that Softlogic Retail (Private) Limited, a subsidiary of the company has entered into a share sale and purchase agreement on June 30, 2017, to acquire all of the shares in issue of Suzuki Motors Lanka Limited for Rs. 250 million. Suzuki Motors Lanka Limited is engaged in the distribution of Suzuki brand motor cycles and all-terrain vehicles and their spare parts and accessories under a distributorship arrangement with the Suzuki Motor Corporation of Japan.
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