A consortium led by investment firm Arif Habib Corp. PSX:AHCL placed the highest bid for the privatization of Pakistan's national carrier Pakistan International Airlines on Tuesday, bidding 115 billion rupees($411 million), state television showed.
The consortium also consists of fertiliser maker Fatima Fertiliser Company PSX:FATIMA, private school network City Schools, and real estate firm Lake City Holdings Limited.
($1 = 280.0000 Pakistani rupees)