Mettis Global News
Mettis Global News
Mettis Global News AD
Mettis Global News AD

AKD withdraws PAI to buy 51% stakes of EFG Hermes

AKD withdraws PAI to buy 51% stakes of EFG Hermes
Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

January 26, 2023 (MLN): AKD Group Holdings (Pvt) Limited has withdrawn the Public Announcement of Intention (PAI) to acquire at least 51% of the issued and outstanding ordinary shares and control in EFG Hermes Pakistan Limited, a notice issued by the company to PSX showed.

On January 25, 2023, the manager to the offer AKD Securities limited informed PSX that AKD Group wants to acquire at least 51% of the issued and outstanding ordinary shares and control in EFG Hermes.

At the time of writing, the scrip of the AKD Securities is valued at Rs18.80, which is up by 17 paisa or 0.91% DoD.

Copyright Mettis Link News

 

Posted on: 2023-01-26T16:56:46+05:00