Pakistan's Ministry of Privatisation qualifies four bidders on tender for divestment of PIA
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Background ✨
The Ministry of Privatisation received five expressions of interest by the 19-Jun-2025 deadline, including from airblue and a consortium containing SereneAir, with the auction anticipated in 4Q2025. The Ministry planned to grant qualified parties access to due diligence data following a review of submissions1. The deadline for submissions was previously extended from 03-Jun-2025 to 19-Jun-20252.