Engro Corp finalizes terms with Vopak LNG Holding B.V for proposed sale of 29% of Elengy Terminal for USD 38 Million

By MG News | July 20, 2018 at 09:17 AM GMT+05:00

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According to a notice filed on PSX Website, Engro Corp has finalized the terms of sale of 29 % of the entire issued and paid up capital of Elengy Terminal Pakistan Limited to Vopak LNG Holdng B.V for USD 38,000,000 subject to certain adjustment mechanisms set under the share purchase agreement

Consummation of the proposed transaction will be subject to procuring all applicable regulatory and corporate consent

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