Case
Naim Sipra, Ali Riaz Chaudhry
INDUSTRY : Cement
AREA : Finance
ORGANIZATION : DG Khan Cement Company Limited
LENGTH : 13
LUMS No : 02-510-95-1
PUBLICATION YEAR : 1995
KEYWORDS:
DG Khan Cement Company Limited,Finance,Cement,Privatization,Government of Pakistan,Privatization Commission,Acquisition,Bidding
DESCRIPTION:
In January, 1992, after the privatization policy of the Government of Pakistan, Pakistan's Privatization Commission offered eight cement companies for sale, including DG Khan Cement. Investors were keen on DG Khan Cement due to its relatively new foreign plant which utilized the most cost effective method to manufacture cement. The Chairman Nishat Group decided to bid for DG Khan Cement Company Limited in view of the profitable returns of the cement industry combined with an opportunity to acquire a going concern. This case is accompanied by a `Background Note on Cement Industry in Pakistan'; LUMS Note No. 02-0284-95-2.
LEARNING OBJECTIVES:
This case has been written for the Corporate Finance course. It is intended to be used as a second case in the valuation module
SUBJECTS COVERED:
Finance