Pakistan seeks bids for $1.4bn bank divestments

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Pakistan seeks bids for $1.4bn bank divestments

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3d illustration flag of Pakistan | metrs - Fotolia

Just days after starting pre-marketing the sale of a stake in Oil & Gas Development Company, the Pakistan government is back in the market and is now seeking bids from banks to lead its Prp141.3bn ($1.4bn) divestment of its remaining stakes in Allied Bank and Habib Bank.

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