ISLAMABAD: The Cabinet Committee on Privatization (CCOP) on Friday unanimously approved strike price of Rs. 110/- per share for divestment of government's residual shares in Allied Bank Ltd. (ABL), ARY News reported.
KARACHI: Several questions start arising over the selling of government’s shares in Pakistan Petroleum Limited (PPL) and United Bank Limited (UBL), as investors are saying that PPL’s shares have been sold to local investors on higher price while UBL’s share have been sold out to foreign investors on cheap rates, ARY News reported. According to investors government has done discrimination in selling of UBL and PPL shares. Economic analyst Muzammil Aslam told ARY News that single out foreign and local investors by adopting…