Shell Petroleum Company announced its exit from Pakistan with the sale of its 77% shareholding
PHOTO
KARACHI, Pakistan: Pakistan Refinery Limited and Air Link Communication are seeking to buy a stake in Shell Pakistan, the companies said in notice to the stock exchange.
Shell Petroleum Company announced its exit from Pakistan with the sale of its 77% shareholding in the local business after Shell made several announcements about its global operations, in addition citing economic challenges within Pakistan. (Reporting by Ariba Shahid in Karachi; Editing by Kim Xofgill)
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
