Only one bidder left for Pakistan Steel Mills - caretaker privatisation minister


Reuters | Karachi | Updated: 21-09-2023 18:58 IST | Created: 21-09-2023 17:50 IST
Only one bidder left for Pakistan Steel Mills - caretaker privatisation minister
  • Country:
  • Pakistan

Three out four parties from China that qualified to potentially acquire Pakistan Steel Mills (PSM) are no longer interested in the transaction, Pakistan's caretaker privatisation minister said during a press conference on Thursday.

"We are now confronted with a single bidder situation for Pakistan Steel Mills," said the minister.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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