Cherat Cement to acquire 64.07% stake in Nimir Chemical
Cherat Cement Company Limited (PSX: CHCC) has signed share purchase agreements to acquire a controlling 64.07% stake in Nimir Industrial Chemicals Limited (NICL) at an agreed price of Rs340 per share, in a transaction valued at approximately Rs24.09
November 2, 2026 (MLN): Cherat Cement Company Limited (PSX: CHCC) has signed share purchase agreements to acquire a controlling 64.07% stake in Nimir Industrial Chemicals Limited (NICL) at an agreed price of Rs340 per share, in a transaction valued at approximately Rs24.09 billion. According to a material information disclosure submitted to the Pakistan Stock Exchange (PSX) on November 2, Cherat Cement entered into...