China-led group top bidder for 40% Pak Stock Exchange stake
A consortium led by three Chinese exchanges has become the top bidder to buy a 40% stake in the Pakistan Stock Exchange, Managing Director Nadeem Naqvi said. A 40% stake of the Karachi-based stock exchange represents 320 million shares. This would make the potential deal worth $85 million (₹576 crore), Naqvi added.