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

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.

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