ABU DHABI/WAM The United Arab Emirates expresses concern regarding the statement issued by the Kingdom …
Read More »Shanghai electric seeks stake in $2.3bn Pak utility
Bloomberg Shanghai Electric Power Co. said it’s seeking a stake in K-Electric Ltd., the $2.3 billion Pakistani utility, in what could become its largest overseas deal. The Chinese company is doing preliminary preparation work on acquiring a stake in K-Electric and hasn’t decided how much it will buy, it said in a Shanghai exchange filing Monday. Shanghai Electric Power …
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