FFC to acquire majority stake in Foundation Wind Energy for Rs14.02 billion
KARACHI: Fauji Fertilizer Company (FFC) will acquire entire shareholding of Fauji Fertilizer Bin Qasim (FFBL) and Fauji Foundation in Foundation Wind Energy (FWEL) companies at an aggregate consideration of Rs14.027 billion, a bourse filing said on Tuesday. The Fauji Foundation and FFBL have obtained approval of their respective boards to sell their entire shareholding in … Read more