Arif Habib-Led Consortium Notifies Privatisation Commission of Its Intent to Acquire Remaining 25pc PIA Stake

AHCL-led consortium intends to acquire remaining 25pc equity stake in PIACL

ISLAMABAD - The consortium led by Arif Habib Corporation Limited (AHCL) has notified the Privatisation Commission of its intent to acquire the remaining 25 percent equity stake in Pakistan International Airlines Corporation Limited (PIACL), paving the way for full private-sector ownership of the national carrier.

Arif Habib-led consortium notifies Privatisation Commission of its intent to acquire remaining 25pc PIA stake

ISLAMABAD: The Privatisation Commission announced on Thursday that the consortium led by Arif Habib Corporation Limited has notified it of its intent to acquire the remaining 25 per cent equity stake in Pakistan International Airlines Corporation Limited (PIACL), paving the way for full private-sector ownership of the national carrier. It said that the total private-sector investment in the transaction was expected to amount to approximately Rs1…

Arif Habib Consortium Moves to Fully Acquire PIA

Arif Habib-led consortium moves to acquire remaining 25% PIA stake, aiming for full ownership and investing Rs180 billion in airline revival. Read more: PIA Signs Cargo Partnership With Air France-KLM A consortium led by Arif Habib Corporation Limited has formally notified the Privatisation Commission of its intent to acquire the remaining 25 per cent stake in Pakistan International Airlines Corporation Limited (PIACL), moving toward full privat…

CCP approves PIA acquisition by Arif Habib-led consortium

Approval follows a Phase-I competition assessment under the Competition Act, 2010

PIA Privatization Deal Arif Habib Consortium Remaining Stake

The PIA Privatization Deal has entered a dramatic new phase as a consortium led by Arif Habib makes a bold move to acquire the government’s remaining 25 percent stake in Pakistan International Airlines. With the April 28 deadline now closed, this latest bid signals a decisive push toward full private ownership of the struggling national carrier. A High-Stakes Expansion in the PIA Privatization Deal The consortium had already shaken the market by…

Arif Habib Consortium Secures 100 Percent Ownership of PIA

Arif Habib-led consortium has completed acquisition of all shares in Pakistan International Airlines (PIA), concluding the privatisation process of the federal government for the national carrier. The consortium deposited payment for the remaining 25 percent shares and submitted a Rs45 billion bank guarantee in line with agreed transaction conditions, according to a spokesman. Officials said […] The post Arif Habib Consortium Secures 100 Percent…