Tuesday, July 9, 2024
HomeEquityPAI lapses as Elco Broadband, WorldCall failed to agree on terms

PAI lapses as Elco Broadband, WorldCall failed to agree on terms

April 14, 2020 (MLN): AKD Securities Limited, in the capacity of the Manager to Offer, has informed to PSX that the time period for making a Public Announcement of Offer has lapsed, made by  Elco Broadband Inc (Acquirer), for acquiring more than 30% issued and paid share capital and control of WorldCall Telecom Limited (Target).

The PAI stands withdrawn as the Acquirer and Target could not reach an agreement.

Copyright Mettis Link News

Posted on: 2020-04-14T15:43:00+05:00

34172

RELATED ARTICLES
- Advertisment -

Most Popular