Arcelik To Acquire Dawlance Until 7 November
From the Blog telecompk *Arçelik has obtained required regulatory approvals for the closing of the acquisition of Dawlance, Pakistan's leading white goods manufacturer. The company expects to complete the share transfer by November 7th 2016. Upon closing of the deal, Arçelik will incorporate Dawlance's two manufacturing sites in Karachi and one in Hyderabad along with extensive distribution, sales and service network across Pakistan.* *(Islamabad, October 31, 2016) *Following the disclosure made on 30 June 2016, Arçelik A.Ş., one of the leading global home technologies manufacturers, has disclosed that all closing conditions had been satisfied regarding the acquisition of production and sales companies operating in Pakistan under Dawlance brand. Following the payment of the share purchase price by Arpakistanblogs.blogspot.comRead Full Post
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