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FFC to acquire shares in PIA privatization bid

PRIVATEJun 16, 2025

Acquiring Company

Fauji Fertiliser Company

Acquired Company

Pakistan International Airlines

PakistanKarachiTransportationTravelAir Transportation

Description

Fauji Fertilizer Company Limited has submitted an Expression of Interest to acquire shares in Pakistan International Airlines Corporation. This decision follows approval from FFC's board of directors during their meeting. The move is part of the government's privatization efforts and involves a thorough due diligence process.

Quick answer

Fauji Fertiliser Company is acquiring Pakistan International Airlines, announced June 16, 2025. Fauji Fertiliser Company is based in Pakistan.

How much did Fauji Fertiliser Company pay for Pakistan International Airlines?
The deal value was not disclosed.
What does Fauji Fertiliser Company do?
Fauji Fertiliser Company (FFC) is a leading fertilizer manufacturer in Pakistan, contributing significantly to the agricultural sector.
Where are Fauji Fertiliser Company and Pakistan International Airlines based?
Fauji Fertiliser Company is based in Pakistan. Pakistan International Airlines is based in Karachi, Sindh, Pakistan.

Source: Fundz verified event record.

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Company Information

Company

Fauji Fertiliser Company

Location

Pakistan

About

Fauji Fertiliser Company (FFC) is a leading fertilizer manufacturer in Pakistan, contributing significantly to the agricultural sector. The company is involved in the production and distribution of various fertilizers in the region. FFC aims to enhance agricultural productivity and ensures food security.

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Frequently asked

Who acquired Pakistan International Airlines?

Pakistan International Airlines was acquired by Fauji Fertiliser Company, based in Pakistan. The deal was reported on June 16, 2025. Fauji Fertiliser Company (FFC) is a leading fertilizer manufacturer in Pakistan, contributing significantly to the agricultural sector. Fauji Fertiliser Company is privately held.

When did Fauji Fertiliser Company acquire Pakistan International Airlines?

Fauji Fertiliser Company's acquisition of Pakistan International Airlines was reported on June 16, 2025. Fauji Fertilizer Company Limited has submitted an Expression of Interest to acquire shares in Pakistan International Airlines Corporation. This decision follows approval from FFC's board of directors during their meeting. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Pakistan International Airlines do?

Pakistan International Airlines (PIA) is the national airline of Pakistan, founded in 1946. It provides passenger and cargo services to numerous destinations worldwide. The airline has been critical in connecting Pakistan to the rest of the world. It is privately held, operating in Transportation, and is based in Karachi.

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