State-Owned Enterprises
Govt Moves Closer to ZTBL Privatization as Transaction Plan Advances
The privatization of Zarai Taraqiati Bank Limited (ZTBL) has moved closer to implementation after the Privatisation Commission Board approved the proposed transaction structure and restructuring plan for the state-owned financial institution. According to official documents, the transaction structure was prepared by the financial adviser appointed for the privatization process. The recommendations were presented to the […]
Nishat-Led Consortium Joins Bid to Acquire FESCO in Pakistan’s Privatization Drive
A powerful consortium of seven publicly listed Pakistani companies has entered the race to acquire the Faisalabad Electric Supply Company (FESCO), marking a significant development in the government’s ongoing privatization program. The move highlights growing private sector interest in Pakistan’s energy distribution sector as authorities continue efforts to improve efficiency and attract strategic investment. Each […]