Unity Foods Limited Share Acquisition Announced by Arif Habib Limited

Karachi, Unity Foods Limited has initiated a significant acquisition of its shares, with Arif Habib Limited acting as the buying agent, it was announced today. According to information available from the Pakistan Stock Exchange (PSX), the purchase price for these shares has been set at PKR 27.34 per share.

The total number of shares to be acquired stands at 277,070,908, which represents 23.2 percent of the company’s shares. This substantial transaction highlights a notable change in the ownership structure of Unity Foods Limited. The last date for the acceptance of this offer is set, indicating a time-sensitive opportunity for shareholders.

Arif Habib Limited, a prominent player in Pakistan’s financial services sector, is facilitating this transaction, underscoring its role in significant financial dealings within the market. This acquisition is expected to have considerable implications for the stock’s performance and the strategic direction of Unity Foods Limited.