ISLAMABAD: CCP has approved acquisition of 40% equity stake in Aramco.
The Competition Commission of Pakistan (CCP) has approved the acquisition of 40 percent equity stake in Aramco. Aramco is a global leader in integrated energy and chemicals.
The transaction marks Aramco’s first entry into Pakistan’s fuel retail market, demonstrating its confidence in the country’s economic potential and growth. Aramco is a Singapore company wholly owned by Saudi Aramco.
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