ISLAMABAD: The Cabinet Committee on Privatisation (CCoP) has approved the transaction structure proposal for the sale of government shares in Habib Bank Limited (HBL).

The Privatisation Commission Chairman Mohammad Zubair on Tuesday briefed a meeting, headed by Finance Minister Ishaq Dar, about the proposed mechanism, according to an official statement.

Dar observed that all efforts should be made for securing best price for the country’s prime financial institution having significant international standing.

He said the National Power Construction Company (NPCC) proposal would be discussed at next CCoP meeting on Friday.

Published in Dawn February 11th , 2015

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