Dawood Hercules selling its shareholding in Hubco to acquire 45 percent stake in Edotco Pakistan
KARACHI: Dawood Hercules Corporation Limited (DHCL) is selling its 14.91 percent stake in Hubco and is planning to use its proceeds to...
Warren Buffet offloads stake in IBM, increases shareholding in Apple
NEW YORK: Warren Buffett’s Berkshire Hathaway Inc has sold another large piece of its stake in IBM Corp, backing further away from...
Philippine’s One Dex Cel Pharma shows intent to acquire 65pc equity stake in Haydery Construction
Karachi: In a notification sent to the bourse on Friday by Topline Securities announced the intention of Philippines based One Dex Cel...
Axiata nearing deal to acquire Veon’s Pakistan tower business for $1 billion: Bloomberg
Lahore: Bloomberg has reported that Malaysia’s biggest mobile operator Axiata Group is negotiating with Veon Limited to acquire its wireless towers business...
Government to accelerate privatisation move
ISLAMABAD: While the process of privatising government entities has been halted after few transactions of profitable organisations, the government has decided to...
Uber in talks with Careem to acquire majority stake: Report
In January, it was reported Careem was contemplating an initial public offering (IPO) by 2019
Did the Chinese acquire PSX at a discount?
LAHORE: Leading brokerages and investors in the country believe the acquisition of Pakistan Stock Exchange by a Chinese consortium in January 2017...