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26 Apr
01:00

Pakistan chooses Pak-China Investment Bank consortium for PSM privatisation

Pakistan’s Privatisation Commission has chosen a Pak-China Investment Bank-led consortium as the financial advisor for the privatisation of loss-making Pakistan Steel Mills (PSM), according to local media reports. The consortium also comprises Fergusons and Company, Cornelius, Lane & Mufti, Abacus Consulting, Sino Steel and Iqbal Nanjee & Company, reports say. Neither PSM nor the commission could be contacted by Kallanish for comment befor…
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