Privatisation Commission clears Fauji Fertiliser Company inclusion in Arif Habib-led consortium for full PIA takeover
Privatisation Commission board endorses Fauji Fertiliser Company’s inclusion in the Arif Habib-led consortium that bid Rs135 billion for 75 percent of PIA, paving the way for acquisition of the remaining 25 percent stake.
PIA Privatization: Arif Habib Consortium Acquires 75% Stake; Fleet Expansion Planned
Arif Habib Group-led consortium acquires 75% stake in Pakistan International Airlines for Rs135 billion, plans to expand fleet to 64 aircraft and retain all employees for 12 months post-transaction.