KARACHI: Packages Limited, a Lahore based multinational packaging company, has joined an investor consortium to evaluate a potential purchase of 52.87 per cent shares held by Sanofi Foreign Participations B.V. in sanofi-aventis Pakistan. The consortium comprises of Packages Limited, IGI Investments (Private Limited), and affiliates of Arshad Ali Gohar Group. According to a bourse filing by…
KARACHI: Packages Limited has announced Rs2.8 billion capital expenditure investment plans by Bulleh Shah Packaging, a 100% wholly owned subsidiary of Packages Limited. “Bulleh Shah Packaging (BSPL) has informed the company through its letter dated April 20, 2021 that the Board of Directors of BSPL, in its meeting held on April 16, 2021, has…
KARACHI: Packages Limited has expressed intention to acquire Mitsubishi Corporation’s 19.33 percent shareholding in Tri-Pack Films Limited. Mitsubishi Corporation had indicated its intention of selling its entire 19.33 percent shareholding of Tri-Pack Films Limited. As per the agreement between the parties, Packages Limited has first right of refusal to purchase the entire shareholding of…