Pakistan: Fecto Cement plans to bid for the Hattar cement plant owned by Dewan Cement. Abdul Samad, Fecto Cement’s company secretary, said that the company would evaluate the information to be provided by the financial advisor of Dewan Cement for carrying out due diligence in relation to the prospective acquisition of the plant. He added that the sale would be subject to finalisation of commercial terms, completion of due diligence, execution of definitive agreement and receipt of regulatory approvals.
Fecto Cement to bid for Dewan Cement’s Hattar plant
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