IGI Holdings acquires 6.04% stake in Packages Limited

By MG News | February 07, 2025 at 04:05 PM GMT+05:00

0:00

February 07, 2025 (MLN): IGI Holdings Limited (IGI) entered into a Share Purchase Agreement (SPA) with Enso AB (Seller) to acquire a 6.04% shareholding in Packages Limited (Packages), a listed associate company of IGI.

The acquisition includes the purchase of 5.39 million ordinary shares from the Seller at a price of Rs 487.5 per share (Transaction).

The aforementioned information was disseminated through a notification to Exchange.

IGI has received pre-merger approval from the Competition Commission of Pakistan, and all other terms and conditions stipulated in the Share Purchase Agreement (SPA) have been satisfied.

As a result, the transaction has been completed.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	122,761.64 221.15M	0.42% 515.00
ALLSHR	76,639.56 738.59M	0.55% 415.67
KSE30	37,384.76 83.00M	0.27% 100.90
KMI30	182,010.54 133.65M	0.09% 156.82
KMIALLSHR	52,673.75 393.22M	0.41% 217.37
BKTi	31,224.18 21.69M	0.75% 231.73
OGTi	27,512.98 12.61M	-0.29% -80.05

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	107,105.00	107,380.00 105,955.00	1360.00 1.29%
BRENT CRUDE	67.72	68.47 67.58	0.58 0.86%
RICHARDS BAY COAL MONTHLY	88.00	0.00 0.00	-2.60 -2.87%
ROTTERDAM COAL MONTHLY	103.45	0.00 0.00	-0.05 -0.05%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	64.96	65.65 64.77	0.59 0.92%
SUGAR #11 WORLD	16.39	16.46 16.31	0.03 0.18%