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06 Jan
10:35

Sindh bides time over Pakistan Steel acquisition

The Sindh provincial government has requested more information about Pakistan Steel Mills (PSM) from the Privatisation Commission (PC) before it decides whether or not to acquire the loss-making steelmaker. Last October PC offered PSM to Sindh before it attempts to sell off the state-owned steelmaker to private investors. The Sindh government finally replied only on 4 January seeking details about the firm’s finances and operations. “The Privatisatio…
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