Privatisation Commission approves Fauji Fertiliser's entry into PIA buyout consortium :
Privatisation Commission approves Fauji Fertiliser's entry into PIA buyout consortium The Rs135bn deal nears its first major payment deadline in late April By Our Correspondent | March 04, 2026 FFC meets all regulatory, eligibility requirements, confirms PC board. Proposal now moves to Cabinet Committee on Privatisation for final approval. Arif Habib Corp-led consortium won PIA bid, allowing up to two new members. ISLAMABAD: The Privatisation Commission has approved the participation of Fauji Fertiliser Company (FFC) in the consortium acquiring a 75% stake in Pakistan International Airlines, broadening the buyer group as the Rs135 billion ($480 million) deal approaches its first major payment deadline in late April. The board of the Privatisation Commission, led by Prime Minister’s Adviser on Privatisation Muhammad Ali, confirmed that FFC meets all regulatory and eligibility requirements before endorsing its inclusion, The News reported. The matter will now move to the Cabin...