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Pakistan's Top Group Engro Plans Berkshire Hathaway-Style Deals.

Authors :
Mangi, Faseeh
Source :
Bloomberg.com; 5/7/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Engro Corp, Pakistan's top business group, is planning to expand its investment deals in developing countries over the next five years. The group, which has experience in various industries such as fertilizer, food, electricity, and gas, aims to have a presence in a couple of overseas operations. The investments will follow a Berkshire Hathaway-style approach and may involve taking control of some companies. Engro is one of Pakistan's largest business groups and has foreign partners such as FrieslandCampina and Royal Vopak. The group's investment arm, Dawood Hercules Corp, has seen a significant increase in its share value this year. [Extracted from the article]

Subjects

Subjects :
DEVELOPING countries

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
177081047