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Is it Time for Engro Foods Sale?

Engro Foods is one of the fastest growing and biggest companies in Pakistan. They are passionate business drivers to cater the local needs with products conforming to global food standards. It is recently rumored that a Dutch dairy cooperative is set to buy this Pakistani food giant business with an investment of around $460 million. This investment would amount to the largest private sector takeover by a foreign firm in the country’s history.

This Dutch company, FrieslandCampina International is aimed at acquiring 51% stakes of Engro Foods Limited. Undoubtedly, Engro Foods is the largest listed companies at the benchmark Pakistan Stock Exchange (PSX). If this business deal is signed then this would bring the minimum investment of $460 million based on the Pakistani firm’s present stock value.

According to the top class financial analysts of Pakistan, this business deal would be the largest-ever private sector deals in the country. However, this deal would be very closely inspected by the international investors, who are very much interested in the emerging Pakistani economy.

The economy of Pakistan is in the radar range of the world corporate sector due to growing businesses are done by companies like Engro Foods. With rumors of its deal, the corporate world is eyeing closely to know the next business step in the line.

Pros and cons of the deal should be analyzed, keeping in mind Pakistan’s economic mission for the year 2016, which is to grow its economy by 4.5% due to lower oil prices.

Afreen is a young writer and visionary towards life predominantly. I believe that writing is similar to life; it inspires surprises and creates. Being a Literature Masters, I am passionate about viewing the world with literary spectacle. Solely in love with this beautiful part of Universe called Pakistan, I am creating words and ideas for CharchaGuru.

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Is it Time for Engro Foods Sale?

Engro Foods is one of the fastest growing and biggest companies in Pakistan. They are passionate business drivers to cater the local needs with products conforming to global food standards. It is rece...