Hayleys Plantation Services (Pvt) Ltd. acquired a 51% stake in Horana Plantations PLC (COSE:HOPL.N0000) from Vallibel Plantation Management Ltd for approximately LKR 700 million on March 29, 2023. Under the terms, Hayleys Plantation will pay LKR 54.9 per share in cash for the 12.75 million shares.

Hayleys Plantation Services (Pvt) Ltd. completed the acquisition of a 51% stake in Horana Plantations PLC (COSE:HOPL.N0000) from Vallibel Plantation Management Ltd on March 29, 2023.