In its previous attempt, the government had set the minimum price at Rs 85.03 billion with a Rs 45 billion negative balance sheet; however, it only managed to secure an offer of Rs 10 billion.

Out of five prospective investors who submitted Statements of Qualification (SOQs), one did not qualify for bidding.

The Pakistani government said on Tuesday it had approved four parties, including business groups and a military-backed firm, ...

Pakistan plans to sell Pakistan International Airlines by the end of 2025 after a previous failed attempt. Four local parties ...

The government of Pakistan has approved four key groups to move forward in the bidding process for the sale of Pakistan ...

In its previous attempt, the government had set the minimum price at Rs 85.03 billion with a Rs 45 billion negative balance ...

Pakistan's government is accelerating efforts to sell Pakistan International Airlines (PIA) by the end of 2025, following a ...

KARACHI (Web Desk) - Pakistan has prequalified four investors for the sale of Pakistan International Airlines (PIA), while ...

The pre-qualified parties will now proceed to the buy-side due diligence phase,” privatisation minister says; transaction ...

PIA Holding Company Limited (PIAHCL) said on Wednesday that it had applied to the Securities & Exchange Commission of ...

The Pakistani government said on Tuesday it had approved four parties to potentially bid for a stake in Pakistan International Airlines .

Pakistan's government is firming up efforts to sell Pakistan International Airlines by the end of 2025, following a botched ...