The Hub Power Company Limited: Consortium Eyes IESCO Acquisition

HUBCThe Hub Power Company LimitedHUBC · Power generation & distributionMaterial informationFiled Pakistan time

Summary

Hub Power forms consortium with major firms for potential IESCO acquisition, pending due diligence and regulatory approvals.

Kind of disclosure: Partnership/JV

Read the original filing

Key facts

Consortium formed for IESCO acquisition
51% to 100% equity stake
Pre-qualified by Privatisation Commission
Shortlisted for due diligence
Regulatory approvals pending
Required for acquisition
Due diligence to determine viability
Financial, technical, legal assessments

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Source: The Hub Power Company Limited's filing with the Pakistan Stock Exchange. The summary and figures on this page are extracted from the filing by software and can contain errors; the filing itself is the record. This page describes the filing. It is not investment advice and Nafa does not recommend any stock. Investing in securities involves risk, including possible loss of principal.