Finnfund

Finnfund set to expand Pakistan’s Insurance Industry through a stake in TPL Insurance Limited

Finnfund set to expand Pakistan’s Insurance Industry through a stake in TPL Insurance Limited

Finnfund, a major development financier and impact investor in Finland, investing in responsible and profitable businesses in developing countries, has invested by acquiring 17.59% shareholding in TPL Insurance Limited. The acquisition follows TPL Insurance Limited’s earlier disclosure, dated April 15, 2022, to the Pakistan Stock Exchange concerning the execution of the Share Subscription Agreement and…