3 days ago
Attock Cement Pakistan Is Said to Draw Cherat, Bestway Interest
Pharaon Investment Group Ltd.'s potential sale of Attock Cement Pakistan Ltd. is attracting initial interest from rivals including Cherat Cement Co. and Bestway Group, people with knowledge of the matter said.
Cherat and Bestway are among suitors considering bids for the business, the people said, asking not to be identified because the information is private. Kot Addu Power Co. has also been evaluating Attock and may explore a joint offer with a local building materials producer like Fauji Cement, the people said.
