PIA Privatisation: Arif Habib Group Secures Controlling Stake
As of 5:30 PM on 23rd December 2025, the Arif Habib Group has won the PIA privatisation, acquiring 75% of the airline with a Rs 135 billion bid. This came after a dramatic one-on-one bidding contest with Lucky Cement, whose final offer was Rs 134 billion, highlighting the high stakes in Pakistan’s national airline privatisation.
