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PIA privatization: Lucky Cement says no binding commitment yet

Lucky Cement Limited, one of Pakistan’s largest conglomerates, clarified that it has not entered into any binding commitment to acquire Pakistan International Airlines (PIACL), despite being part of a consortium shortlisted to conduct due diligence for a potential 51%-100% equity stake in the airline. In its notice to the Pakistan Stock Exchange (PSX) on Wednesday, […]


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