PIA Privatisation Done: Arif Habib Consortium Buys 75% Stake for Rs135bn, PIAHCLA in Focus
An Arif Habib led consortium won the auction for a 75 percent stake in Pakistan International Airlines for Rs135 billion on 23 December 2025, then moved to buy the rest. The deal clears a long overhang on the listed PIA Holding Company shares.