LONDON: HeiQ Plc has acquired 100% of the share capital and voting rights of RAS AG, Regensburg, Germany. The Acquisition is for a consideration of €5.1 million, with €1.25 million payable in cash and €3.85 million through the issue of 1,701,821 new ordinary shares by HeiQ. It includes an additional earn out consideration dependent on…
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Pakistan’s textile sector exports decline 5.32% to $1.19bn in August
KARACHI: Country’s overall textile sector exports declined 5.32 percent to $1.19 billion in August 2019 compared with exports of $1.25 billion recorded in the same period last year, data issued by Pakistan Bureau of Statistics suggest. “Lower prices obtained by exporters during the month was the key reason for declining textile exports, which was presumably…