June 28, 2025 9:15 AM June 28, 2025 9:15 AM
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Mazagon Dock Shipbuilders to Acquire Controlling Stake in Colombo Dockyard for US $52.96 mn
State-run Mazagon Dock Shipbuilders Limited (MDL) has decided to acquire a controlling stake in Sri Lanka's Colombo Dockyard PLC under a 52.96 million dollar deal. MDL's decision marks its first international venture and is seen as a major milestone in the company's transformation from a purely dome...