Hub Power Company Limited (HUBC): Mega Conglomerate (Pvt.) Ltd on a shopping spree; HUBC in the cart after DCL – By Insight Research

<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">After having shown intention to buy DCL, Mega Conglomerate (Private) Limited has now agreed to purchase entire stake of The Hub Power Company (HUBC PA) owned by Dawood Hercules (DAWH PA) (14.91%) and Cyan Limited (CYAN PA) (0.86%) at a purchase price of PKR106.5/share</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The Board of Director (BoD) of DAWH PA has accepted the offer, while the transaction is subject to regulatory and corporate approvals.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The Board of Director (BoD) of DAWH PA has accepted the offer, while the transaction is subject to regulatory and corporate approvals.</span></li><li><span style="font-family:Arial, He...