Cabinet committee endorses rejection of Rs10bn bid for PIA stake

Cabinet committee endorses rejection of Rs10bn bid for PIA stake

The Cabinet Committee on Privatisation (CCOP) has approved the Privatisation Commission’s recommendation to reject the Rs10 billion offer submitted by the sole bidder for a 60 per cent stake in Pakistan International Airlines Corporation Limited (PIACL), it emerged on Friday. On Wednesday, the Privatisation Commission’s board rejected the sole bid submitted by Blue World City, […]

Read the full story at the Daily Times website.