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Foreign firm to invest Rs7bn in ICI Pakistan


July 28, 2019

KARACHI: ICI Pakistan Limited (ICI) has received an expression of interest from ‘’an international financial institution’’ to invest Rs7 billion as growth capital into the company through a convertible debt instrument, the company said in a statement. The transaction is subject to completion of satisfactory due diligence, agreement of definitive contracts and receipt of all relevant approvals. ICI also unveiled …

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