Pakistan's National Airline Sells for $482 Million in Privatization
TL;DR Summary
A consortium led by Arif Habib bid $482 million for a 75% stake in Pakistan International Airlines, marking a significant step in the country's efforts to privatize the airline as part of broader economic reforms tied to an IMF loan program.
- Pakistan National Carrier Sale Gets Offer for $482 Million Bloomberg.com
- Pakistan sells indebted state carrier in privatisation win Financial Times
- Arif Habib consortium makes highest bid for Pakistan flag carrier at $482 million Reuters
- Pakistan Receives Three Bids for Sale of State-Owned Airline PIA Bloomberg.com
- Pakistan International Airlines to be acquired by stockbroker for $482m Nikkei Asia
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