Tag Archives: Habib Bank Limited

Habib Bank Limited’s public announcement of intention for the proposed acquisition of up to 87.91% of voting shares or Control of ICI Pakistan Limited by Fajr Capital Limited and ICORP(Private) Limited

Karachi, June 11, 2012 (PPI-OT): Our clients Fajr Capital Limited (“Fajr”) and ICORP (Private) Limited (“ICORP”) (Fajr and ICORP together being referred to as the “Companies”) intend to acquire shares of ICI Pakistan Limited (the “Target”) under the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Ordinance, 2002 and …

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PPI Original Text (PPI-OT) – Habib Bank Limited’s due diligence of consumer business portfolio of Citibank Pakistan

Karachi, May 30, 2012 (PPI-OT): Pursuant to the decision by Citibank: N.A. to divest its interest from the Consumer Business Portfolio of Citibank Pakistan comprising of its credit card business, personal loans and auto loans, Habib Bank Limited (“HBL”) has expressed an interest only to evaluate the information that will …

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