CG Capital Partners Global Pte Ltd agreed to acquire 70.84% stake in Union Bank of Colombo PLC (COSE:UBC.N0000) from TPG Asia VI SF Pte. Ltd. for $100 million on November 30, 2022. Transaction is subject to regulatory approval.

CG Capital Partners Global Pte Ltd completed the acquisition of Union Bank of Colombo PLC (COSE:UBC.N0000) from TPG Asia VI SF Pte. Ltd. on October 24, 2023.