Karachi October 7 2022: Board of Directors of ICI Pakistan Limited has authorized the management of the Company to submit a binding bid in relation to the acquisition of approximately 75.01% of the issued and paid-up capital of Lotte Chemical Pakistan Limited, comprising of 1,135,860,105 ordinary shares.
Further, proceeding with the Transaction is subject to the acceptance of the binding bid and finalization of the terms and conditions of the share purchase agreement.
