Section

Pakistan's effort to privatise national airline gets sole bidder offering lower than govt-set minimum price

By Economic Times - 8 hours ago
Pakistan's attempt to privatise Pakistan International Airlines drew minimal interest. Only Blue World City made a bid of Rs 10 billion for a 60 per cent stake, much lower than the Rs 85 billion minimum set by the government. This move is part of a deal with the IMF to support Pakistan's economy.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.