Nishat Mills to Exit Dairy Business Through Sale of Stake to Turkish Partner
Nishat Mills Limited (PSX: NML) has approved a proposed move to exit the dairy business by selling its entire 49.10 percent stake in Nishat Sutas Dairy Limited to its Turkish joint venture partner, Sutas Sut Urunleri A.S. The decision comes as pressure across Pakistan’s dairy industry continues to affect business conditions and weigh on the…
