Searle Pakistan’s entire shareholding to be sold
By Our Correspondent
August 01, 2024
KARACHI: The Searle Company Limited’s (Searl) board of directors has decided to sell its entire shareholding in Searle Pakistan Limited (SPL), previously named OBS Pakistan Limited, amounting to approximately 90.61 per cent of SPL’s issued and paid-up share capital.
The company informed the Pakistan Stock Exchange (PSX) through a notification on Wednesday.The buyer is a consortium led by IJARA Capital Partners Limited (ICPL) through its private equity and venture capital fund.The sale is contingent on finalizing the terms, meeting conditions, and securing necessary corporate, third-party, and regulatory approvals, including shareholder consent.
-
Nicole Kidman Celebrates Galentine’s Day Months After Keith Urban Split -
Justin Bieber Unveils Hailey Bieber As First Face Of SKYLRK In Intimate Campaign Debut -
Caitlin O’Connor Says Fiance Joe Manganiello Has Changed Valentine’s Day For Her -
Rachel Zoe Sends Out Message For Womne With Her Post-divorce Diamond Ring -
James Van Der Beek's Final Conversation With Director Roger Avary Laid Bare: 'We Cried' -
Jaden Smith Walks Out Of Interview After Kanye West Question At Film Premiere -
Why Halle Berry Wasn't Ready For Marriage After Van Hunt Popped Question? Source -
Michelle Obama Gets Candid About Spontaneous Decision At Piercings Tattoo -
Bunnie Xo Shares Raw Confession After Year-long IVF Struggle -
Brooks Nader Reveals Why She Quit Fillers After Years -
Travis Kelce Plays Key Role In Taylor Swift's 'Opalite' Remix -
How Jennifer Aniston's 57th Birthday Went With Boyfriend Jim Curtis -
JoJo Siwa Shares Inspiring Words With Young Changemakers -
James Van Der Beek Loved Ones Breaks Silence After Fundraiser Hits $2.2M -
Disney’s $336m 'Snow White' Remake Ends With $170m Box Office Loss: Report -
Travis Kelce's Mom Donna Kelce Breaks Silence On His Retirement Plans