Tag: acquire

Zong flexing muscles to acquire Warid

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STAFF REPORT LHR: Zong, also known as China Mobile Pakistan, has confirmed that it is seriously considering the acquisition of Warid Telecom sources close to this development disclosed adding, for this purpose, Dubai based investment banking firm MAS ClearSight has been asked to evaluate the deal and assist Zong during the buyout process. "We are looking into Warid very seriously and it does make a lot of business sense for us to go with the deal," said Sikander Naqi, Zong’s…Read More