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Transwell Plan Puts SriLankan Turnaround Under Investor Pressure

Source: Lanka News
Category: Business
Region: Sri Lanka
Published: August 09, 2026 at 06:02

πŸ“ Summary

A Hong Kong-based private equity firm has proposed a sweeping restructuring of loss-making SriLankan Airlines that could fundamentally alter how the national carrier is financed, managed and eventually owned. Transwell Corporation Limited has submitted a private investor-led turnaround proposal built around a 24-to-36-month path to sustainable profitability. Its central proposition is striking: incoming investors would […] The post Transwell Plan Puts SriLankan Turnaround Under Investor Pressure appeared first on Lankanews.lk .

πŸ”— Read Full Article at Lanka News ✨ Extract Article
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