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Pearl Continental owner in major shake-up as Thatta Cement, Fauji Foundation ink deal

Thatta Cement Company Limited has entered into a definitive agreement with Fauji Foundation in connection with the proposed restructuring of Pakistan Services Limited, which owns and manages the chain of Pearl Continental (PC) Hotels. The cement maker disclosed the development in a filing to the Pakistan Stock Exchange on Wednesday. “Thatta Cement Company Limited has entered into a definitive…

First reported by Business Recorder 1 source
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Image: Business Recorder
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  1. Business Recorder

    Pearl Continental owner in major shake-up as Thatta Cement, Fauji Foundation ink deal (opens Business Recorder in a new tab)

    Thatta Cement Company Limited has entered into a definitive agreement with Fauji Foundation in connection with the proposed restructuring of Pakistan Services Limited, which owns and manages the chain of Pearl Continental (PC) Hotels. The cement maker…

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