Distilleries Co. of Sri Lanka’s Unit Buys 47% of Pelwatte Sugar

Distilleries Co. of Sri Lanka Plc said one of its units bought a 47 percent stake in Pelwatte Sugar Industries Plc (SUGA) at 27.5 rupees a share, according to a filing to the Colombo Stock Exchange today.

To contact the reporter on this story: Anusha Ondaatjie in Colombo at anushao@bloomberg.net

To contact the editor responsible for this story: Hari Govind at hgovind@bloomberg.net

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