May 2024, Corporate

TT&A advised IFC in it proposed investment in Sunshine Healthcare Lanka Limited

TT&A advised International Finance Corporation (“IFC”) in relation to its proposed investment in Sunshine Healthcare Lanka Limited (“SHL”), the healthcare arm of the diversified conglomerate Sunshine Holdings PCL in Sri Lanka for LKR 3,270 million. The deal pertains to the proposed acquisition of 14.73% shareholding by IFC.

IFC investment fortifies Sunshine’s commitment to meet the growing healthcare needs of Sri Lanka and will bolster SHL’s implementation of significant capital projects to expand and enhance healthcare delivery nationwide.

TT&A Team: Gautam Saha – Joint Managing Partner;  Punita Gupta – Partner;  Ambika Sahai – Managing Associate; Aditi Somani – Senior Associate

The team was supported by Amrita Patnaik – Partner and Prakhar Srivastava – Associate.

Gautam Saha

Joint Managing Partner, Delhi

Punita Gupta

Partner, Delhi

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