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Pakistan Stock Exchange to sell 40pc stake next week

1 year, 10 months ago
KARACHI: Pakistan's main bourse is to sell a 40 per cent stake next week, a company official said on Friday, citing Chinese and British consortia as among the prospective buyers. At least 17 entities have expressed an interest in the…

Sony closes on Michael Jackson’s stake in music publisher

2 years, 16 days ago
NEW YORK: Sony said Friday that it had closed its $750 million purchase of Michael Jackson's stake in a music venture behind a vast trove of hit songs. The Japanese company announced in March that it was buying the Jackson estate's 50…

Shanghai Electric bids for stake in Pakistan’s K-Electric

2 years, 1 month ago
SHANGHAI, CHINA: China's state-backed Shanghai Electric Power said it is bidding to acquire a stake in Pakistani utility K-Electric Limited, formerly known as Karachi Electric Supply Company Limited, which has a total market value of $2.3…