Govt to sell its stake in ‘State Life’: Mian Soomro

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ISLAMABAD: Federal Minister for Privatisation Muhammad Mian Soomro on Friday announced that the government will sell its shares in State Life Insurance Corporation. In a briefing to investors and financial sector, Muhammad Mian Soomro said that profit and market share of the State Life was shrinking, hence the incumbent government decided to sell its stake in the loss-making organization.

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