News: 01/01/2004
Aga Khan Fund Wins Approval for Bid to Buy Habib Bank (Update3)
Jan. 1 (Bloomberg) -- The Aga Khan Fund for Economic Development, a Geneva-based group that invests in companies from developing countries, won the Pakistan government's approval for its $390 million bid to buy a stake in Habib Bank Ltd. A cabinet committee today ``approved the highest bid' for Habib Bank, which was made by the Aga Khan Fund, said I.N. Abbasi, a spokesman for the finance ministry in Islamabad.
