Chinese Power Group To Acquire Control Of Pakistani Utility Firm For $1.77B

Login to View

A unit of State Power Investment Corporation of China has agreed to pay Abraaj Group US$1.77 billion for a controlling stake in Pakistani utility company K-Electric, allowing the emerging market-focused private equity firm to exit from an investment it made seven years ago.

China Money Network

Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech

Want to read this important story?

Access Over 11,000 stories and data posts over the past 8 years!

Register Now

Already have an account or paid subscription? Log in