ABHI to acquire equity stake in Universal Network System
MG News | March 29, 2023 at 01:20 PM GMT+05:00
March 29, 2023 (MLN): ABHI Private Limited (ABHI) will acquire an equity stake in Universal Network Systems Limited (UNSL) making way for Pakistan's largest platform to tap into fintech & logistics deployment in the retail distribution of products across Pakistan, the company's filing on PSX revealed today.
The share purchase agreement between the shareholders of UNSL and ABHI has been signed to complete the formalities for the finalization of this transaction.
All applicable regulatory and corporate approvals are required to consummate the transaction.
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