NDBIB's wealth of experience in this key area, is due to the successful completion of both asset purchases and dispositions in a wide range of industries and sectors in Sri Lanka. Our M & A model is designed to embrace the entire M & A process, under our advisory services umbrella, thus affording clients the opportunity to maximize their value in all aspects of the transaction.
W.M. Mendis & Co. Ltd: A stake of W. M. Mendis & Company Limited, a pioneering manufacturer of alcoholic spirits in Sri Lanka was acquired by Perpetual Asset Management. NDBIB carried out a share valuation and due diligence and advised and participated in negotiations on behalf of the divesting shareholder.
Janashakthi Insurance PLC: NDBIB advised, prepared a detailed Information Memorandum and arranged funding for Janashakthi Insurance's acquisition of National Insurance Corporation Limited.
Master Divers (Pvt) Ltd: Acquisition of 53.3% of Pelwatte Sugar Industries Limited held by the Government of Sri Lanka through a privatisation. NDBIB acted as the financial advisor and arranged of funds for the acquisition.
Eagle Insurance Company PLC: NDB Bank through its subsidiary Capital Development & Investment Company acquired 58/44% of Zurich NDB Finance Lanka Ltd., the holding company of Eagle Insurance Company PLC.
Parkson Retail Asia Limited: NDBIB advised Parkson Retail Asia Limited, a Southeast Asia based department store operator incorporated and listed in Singapore, on the acquisition of a majority stake in Odel PLC, a leading fashion retail chain in Sri Lanka and managed the subsequent mandatory offer on behalf of Parkson Retail Asia Limited.
Unawatuna Beach Resort Limited: A 100% divestiture of Unawatuna Beach Resort Limited was managed by NDBIB. NDBIB carried out a valuation of the company, sourced buyers and carried out negotiations as well as worked with lawyers and bankers to see the deal through. The hotel was sold to a Singapore based company sourced by NDBIB.
Aviva NDB Holdings Lanka (Private) Limited and Aviva NDB Insurance PLC: NDBIB structured the divestiture of NDB Capital Holdings PLC's equity investment in Aviva NDB Holdings Lanka (Private) Limited, the majority shareholder of Aviva NDB Insurance PLC to American International Assurance Company Limited.

Further, NDBIB advised NDB Bank's acquisition of the stake of NDB Aviva Wealth Management Limited held by Aviva NDB Insurance PLC.
Achievements : Largest Equity offering on the CSE - Rs. 8.6 Billion Dialog Axiata PLC.
Achievements : Largest Rights Issue - Rs. 15.55 Billion Dialog Axiata PLC.
Achievements : Largest Preference Share Issue - Rs. 5.0 Billion Rated, Cumulative, Redeemable for Dialog Axiata PLC.
Achievements : Largest Lease securitization in a single tranche - Rs. 1.06 Billion for People's Leasing
Achievements : Largest Utility based securitization - Rs. 1.43 Billion for Ceylon Electricity Board
Achievements : Largest IPO Oversubscription - 344.98 times for Union Bank
Achievements : Largest Funds Subscribed - Rs. 129.37 Billion Union Bank
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