## Hemas Holdings Secures Kenyan Regulatory Approval for Acquisition 📈

Hemas Holdings PLC has received official clearance from the Competition Authority of Kenya to proceed with its acquisition of a majority stake in a Kenyan-based consumer products company. • Transaction Status: The approval follows a Share Sale and Purchase Agreement signed on 25 September 2025. • Next Steps: The acquisition remains subject to further conditions, most notably obtaining necessary approval from the Central Bank of Sri Lanka. • Strategic Impact: This move marks a significant step in the fast-moving consumer goods (FMCG) giant's regional expansion, signaling a push for market diversification beyond Sri Lanka. • Investor Note: Hemas will provide further updates to the Colombo Stock Exchange as the transaction progresses. Based on latest corporate disclosures. ---