Sunshine Healthcare Lanka secures a $17.5M equity investment from IFC for healthcare expansion and growth.
Sunshine Healthcare Lanka (SHL), a subsidiary of Sunshine Holdings PLC, secures a potential $17.5M equity investment from International Finance Corporation (IFC) to strengthen its healthcare capabilities in Sri Lanka. Upon fulfilling conditions, IFC will own a 14.7% stake in SHL. The investment funds will be used to expand healthcare delivery, improve diagnostics, enhance pharmaceutical distribution, and grow the Healthguard Pharmacy chain.
May 06, 2024
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