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PIA BIDDING PROCESS
Pakistan sells loss-making PIA for Rs 135 billion after competitive biddingPakistan has sold its national airline, PIA. The privatization process concluded with a sale price of Rs 135 billion. A consortium led by A...- Pakistan draws three bids in second televised privatisation for national carrier PIAPakistan is trying to sell its national airline, Pakistan International Airlines. This is the second attempt after a failed auction last ye...
- Pakistan eyes $1 billion valuation in Roosevelt Hotel redevelopment plan, source saysPakistan aims for a billion-dollar valuation of its Roosevelt Hotel in New York. The government seeks a partner for redevelopment via a joi...
- Pak authorities make fresh effort to sell cash-strapped PIAPakistan is making another attempt to privatise Pakistan International Airlines (PIA) after a failed effort last year. The Privatisation Co...
- Pakistan: PIA likely to be sold to a foreign government via SIFCPakistan International Airlines (PIA) may be sold to a foreign government after the Privatisation Commission rejected a Rs10 billion bid fr...
- Oversees Pakistani group Al Nihang offers to acquire debtridden Pakistan's national airlinesAl-Nihang, a Pakistani group based overseas, has submitted a bid of PKR 100 billion to acquire Pakistan International Airlines (PIA). The o...
- Pakistan's Punjab Govt shows bidding interest in PIA, considers launching 'Air Punjab'The Punjab govt, led by Chief Minister Maryam Nawaz, is considering either purchasing Pakistan International Airlines (PIA) or establishing...
- Pakistan's effort to privatise national airline gets sole bidder offering lower than govt-set minimum pricePakistan's attempt to privatise Pakistan International Airlines drew minimal interest. Only Blue World City made a bid of Rs 10 billion for...
- Pakistan to hold final bidding for national airline with shortlist of onePakistan will open the bidding process for its national airline, Pakistan International Airlines (PIA), on Thursday, seeking to sell a 51-1...
- Privatisation of Pakistan International Airlines schedule for early August: ReportsIn the upcoming privatisation of Pakistan International Airlines, Finance Minister Muhammad Aurangzeb and Coordinator to Prime Minister Sha...
- Pakistan to privatise all SOEs, except strategic enterprises: PM SharifAsserting that the government's job is not to do business but to ensure a business and investment-friendly environment, Sharif directed all...
- Teleperformance set to buy Intelenet for $1 billionBlackstone, which bought back Intelenet in 2013 from UK’s Serco Group for £250 million (Rs 2,558 crore or $385 million), had mandated JP Mo...
- French firm Teleperformance front runner to buy Intelenet in $1 billion dealEuronext-listed Teleperformance is set to face competition from PE group Baring Asia and US IT services company Convergys who joined the fr...
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