Pubali Bank has announced plans to acquire the 26-storey Swiss Tower, currently owned by the Bengal Group. The property is situated at 208, Tejgaon Gulshan Link Road, with the acquisition cost set at Tk800 crore. The bank noted that the transaction is currently pending approval from the Bangladesh Bank and other relevant regulatory authorities.
Pubali Bank to acquire Bengal Group's Swiss Tower for Tk800cr
Pubali Bank has decided to purchase the 26-storey Swiss Tower from Bengal Group for Tk800 crore.
Source: The Business Standard