Tuesday, March 04, 2008

Dubai-based private equity firm acquires 40% in Pakistan's Bosicor Group

Dubai-based private equity firm Abraaj Capital has acquired 40% stake in two Pakistani companies : Bosicor Oil Pakistan Ltd and Bosicor Chemical Pakistan Ltd. The investment will fund a petrochemical plant and a refining unit that will provide the Bosicor Group with an initial aggregate refining capacity of 145,000 bpd.

For more details please click on the following link
http://plastemart.com/plasticnews_desc.asp?news_id=11794&P=P

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