Corporate Alert: Fossil Energy to acquire 17.68% stake in Clover Pakistan Ltd.

MG News | August 21, 2017 at 02:27 PM GMT+05:00

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On behalf of Fossil Energy, a private company limited by shares incorporated under the laws of Pakistan, AKD Securities Limited as the Manager to the Offer are submitting herewith a copy of Public Announcement of Offer to Acquire up to 1,668,038 ordinary shares of Clover Pakistan Limited constituting approximately 17.68% of the issued share capital of the Target Company in accordance with the Securities Act, 2015, Listed Companies Regulations, 2017.

The details to the transaction can be accessed here.

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