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HomeBusinessAGHA STEEL AND FAUJI FOUNDATION END ACQUISITION TALKS AMIDST UNRESOLVED NEGOTIATIONS

AGHA STEEL AND FAUJI FOUNDATION END ACQUISITION TALKS AMIDST UNRESOLVED NEGOTIATIONS

Agha Steel Industries Limited (AGHA) ne aik ahem elan mein yeh khabar di hai ke Fauji Foundation, jo ke company ka potential acquirer tha, ne apni “Public Announcement of Intention” wapis lene ka faisla kiya hai. Yeh elan se yeh maloom hota hai ke AGHA aur Fauji Foundation ke darmiyan negotiation mein kuch faislay nahi ho sake.

Company ke mutabiq yeh negotiation jo ke Agha Steel aur Fauji Foundation ke darmiyan chal raha tha, kisi faislay tak nahi pohanch saka aur is wajah se Fauji Foundation ne apna interest wapas le lia hai. Fauji Foundation ka yeh faisla, company ke mustaqbil par bhi kuch asar daal sakta hai kyun ke yeh aik ahem acquisition deal ho sakti thi jo ab khatam ho gayi hai.

Analysts aur investors is khabar par apni nazar rakhte hue company ke aglay qadam ka intezar kar rahe hain. 

Agha Steel ne yeh wazeh nahi kiya ke negotiation mein kis qisam ke differences aaye jo deal ko final nahi hone diya, lekin yeh baat zaroor clear ki gayi hai ke dono taraf se koi faislay nahi ho sakay.

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