Fauji Cement, KAPCO to jointly acquire majority stake in Attock Cement
3 Articles
3 Articles
Fauji Cement and KAPCO Set to Acquire 84% Capital of Attock Cement
Fauji Cement Company Limited (FCCL) and Kot Addu Power Company Limited (KAPCO) have announced their decision to jointly acquire a majority share 84.06% of the total issued and paid-up capital of Attock Cement Pakistan Limited (ACPL). This announcement comes after the Public Announcement of Intention made on June 3, 2025, through Integrated Equities Limited, which is serving as the Manager to the Offer. The move aims to bring Attock Cement under …
Fauji Cement, KAPCO to jointly acquire majority stake in Attock Cement
Fauji Cement Company Limited (FCCL) announced that its Board of Directors has approved a plan to jointly acquire a controlling stake in Attock Cement Pakistan Limited (ACPL) alongside Kot Addu Power Company Limited (KAPCO). The listed cement maker disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Monday. FCCL said that the acquisition will cover 84.06% of ACPL’s total issued and paid-up capital, representing joint c…
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
