Sri Lanka’s Dialog Axiata has increased its stake from 46 percent to one hundred percent in Digital Commerce Lanka (Pvt) Ltd, which is the operating company of e-commerce website - wow.lk.
“Dialog Axiata have increased its shareholding in Digital Commerce Lanka (Pvt) Ltd from 46 percent to 100 percent, through its subsidiary, Digital Holdings Lanka (Pvt) Ltd.,” Lanka Securities said.
The acquisition was made at Rs. Rs. 247.9 million.