IFC approves financing for PTCL Group’s acquisition of Telenor Pakistan
Islamabad: The Board of Governors of the International Finance Corporation (IFC) has provided assistance to finance the PTCL Group for the acquisition of Telenor Pakistan. The decision sees the PTCL Group sign a share purchase agreement with Telenor Pakistan to acquire 100 percent of the company’s shares in cash, debt-free. PTCL has partnered with IFC,…