IGI Holdings acquires 6.04% stake in Packages Limited

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

Add Mettisglobal as a Trusted Source on Google

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	175,379.87 492.78M	1.96% 3366.38
ALLSHR	105,023.93 996.99M	1.82% 1874.96
KSE30	51,596.07 292.99M	1.93% 977.56
KMI30	251,232.44 189.35M	1.96% 4834.26
KMIALLSHR	67,826.54 525.89M	1.78% 1187.47
BKTi	48,333.80 98.79M	2.56% 1207.30
OGTi	34,809.01 9.82M	1.19% 408.89

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	80,500.00	81,185.00 80,465.00	165.00 0.21%
BRENT CRUDE	96.29	96.39 93.44	1.67 1.77%
RICHARDS BAY COAL MONTHLY	126.00	0.00 0.00	-0.10 -0.08%
ROTTERDAM COAL MONTHLY	138.95	0.00 0.00	0.65 0.47%
USD RBD PALM OLEIN	1,182.50	1,182.50 1,182.50	0.00 0.00%
CRUDE OIL - WTI	89.02	89.05 86.65	0.90 1.02%
SUGAR #11 WORLD	18.37	18.58 18.36	-0.10 -0.54%