Cement News tagged under: Stake sale

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Investment Fund for Developing Countries sells Power Cement stake

12 September 2024, Published under Cement News

The Investment Fund for Developing Countries and IFU Investment Partners K/S (IIP) have decided to dispose of their combined 6.1 per cent stake in Power Cement Ltd , Pakistan. IFU Investment Partners K/S (IIP) and the Investment Fund for Developing Countries (IFU), which hold a total of 80,506,670 shares in Power Cement, have decided to dispose of the entire shareholding in the company.  IFU and IIP have been shareholders in Power Cement for approximately seven years, which is a regular...