Saturday, May 25, 2024

Pakistan’s Giant Engro Looks to Go Global, Plans Investment Deals in Other Countries

Engro Corp is planning to invest in new countries over the next five years, expanding beyond its usual areas in Pakistan. This decision comes after the proposed restructuring of Engro Corp and DAWH got approved.

This year, DAWH shares have gone up by more than 60%, while ENGRO’s stock price was at Rs. 361.76, rising by 0.47% on Wednesday.

Engro is well-known for its work in different sectors like making dairy products, running LNG terminals, and setting up telecommunication towers. They’ve also partnered with companies from other countries like Friesland Campina and Royal Vopak.

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