Nishat Hotels’ Surprise U‑Turn: 5 Key Facts About The Rafhan Maize Deal Withdrawal
Nishat Hotels Withdraws PAI For Rafhan Maize Deal, But Acquisition Plan Stays Alive Nishat Hotels and Properties Limited has formally withdrawn its Public Announcement of Intention (PAI) to acquire Rafhan Maize Products Company Limited. However, the company has clearly stated that it still plans to go ahead with the Rafhan Maize transaction once all legal…