PIA privatisation: Three consortia submit bids for 75% stake

KARACHI: Pakistan’s government received three bids during a televised auction for state-owned Pakistan International Airlines (PIA), marking a renewed effort to fulfill long-standing IMF-mandated reforms. This is the second such attempt after last year’s failed auction, which drew only one bid at a fraction of the reference price. On live... The post PIA privatisation: Three consortia submit bids for 75% stake appeared first on Abb Takk News .