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Pakistan approves mergers of leading Saudi company with stakes in its steel sector
ISLAMABAD: The Competition Commission of Pakistan (CCP) this week approved three mergers concerning a leading Saudi company that has a significant presence in Pakistan’s steel market, the regulatory body said.
Based in the kingdom, M/s/ Saudi Iron and Steel Company (Hadeed) produces a range of steel products and deals in spot sales in Pakistan’s steel market. Hadeed also exports to the South Asian country through international traders.
The CCP said in its press release on Saturday that the Public…
