Engro to sell 56% stake in EPCL for Rs19.7b
Lotte Chemical acquires country’s only chlor-vinyl complex, CEO says deal will enhance competitiveness ISLAMABAD: Engro Holdings has agreed to sell its approximately 56.19% stake in Engro Polymer & Chemicals Limited (EPCL) to Lotte Chemical Pakistan Limited for approximately Rs19.7 billion, subject to regulatory approvals, the company said on Tuesday. The transaction, under a Share Purchase … Read more