Invitation for Expression of Interest - Divestiture of 'Canwill Holdings (Pvt) Ltd' (Canwill)
The property features an impressive 47-story structure with 458 rooms and an additional 100 serviced apartments, all situated on 2.32 acres of prime oceanfront real estate. The total built-up area encompasses a vast 1,340,562 square feet.
II. Helanco: Holds 9.42 acres of beachfront leasehold land in the southern city of Hambantota.
GoSL will implement this divestiture via its State-Owned Enterprise Restructuring Unit and Deloitte Touche Tohmatsu India LLP (DTTILLP) has been appointed as the Transaction Advisor. The divestiture will be completed through a two-stage competitive bidding process.
Interested parties are invited to access the Request for Expression of Interest document from the following website: https://www.treasury.gov.lk/web/sru-entities-to-be-divested/section/canwill-holdings
For additional information please contact: [email protected]
The due date for the submission of Expressions of Interest is 28th November 2023, Tuesday, at 2 PM Indian Standard Time (14:00 hours).
Media Contact:
i. Sandeep Negi, Partner - Restructuring, DTTILLP, [email protected], +91-9810853754;
ii. Vishal Kashyap, Executive Director - Restructuring, DTTILLP, [email protected], +91-9873025686;
iii. Nabiha Mohamed, State-Owned Enterprise Restructuring Unit, Transaction Team Lead, [email protected]
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