Sapphire Textile Mills acquires minority stake in UK-based textile group

Sapphire may acquire the shares either directly or through a subsidiary; deal is subject to necessary corporate and regulatory approvals 

Engro completes divestment of Eximp Agriproducts for Rs2.4bn

Company finalises sale of its rice subsidiary to MAP Rice Mills; divestment aligns with Engro’s strategic business realignment

Lahore High Court approves demerger of Ghani Chemical’s Calcium Carbide Project

Business transferred to Ghani ChemWorld; restructuring involves allotment of 500 shares of GCWL for every 1,000 shares of GCIL

Silkbank shareholders approve merger with UBL, pending regulatory clearance

CEO Shahram Raza Bakhtiari, CFO Khurram Khan, and Company Secretary Faiz Ul Hasan Hashmi authorized to manage all procedural aspects of the merger

Mari Energies subsidiary acquires 87.5% stake in mineral exploration licenses in Chagai

Agreement includes operatorship and covers 40 square kilometers

Meskay & Femtee to acquire Mandviwalla Mauser Plastic Industries for Rs207 million

One of Pakistan’s largest rice exporters set to buy a struggling publicly listed plastics manufacturing plant

Court approves merger of Millat Equipment Limited into Millat Tractors Limited 

MTL to issue 7.71 million shares to MEL shareholders at a 1:2.13 swap ratio

TPL Corp, Abhi completes acquisition of majority stake in FINCA Microfinance Bank

Under the agreement, TPL will acquire 33.17%, while ABHI will hold a majority stake of 61.61% in FINCA

Maple Leaf Cement acquires 1.48 million Agritech shares 

Acquirer confirms all payments for accepted shares, completed via RTGS by January 7, 2025
CCP

CCP facilitates Rs29.6 billion FDI through merger approvals in 2024

Major deals span energy, finance, telecom, and agriculture sectors

Fauji Fertilizer issues 150.87 million shares to FFBL shareholders

FFBL dissolved and delisted from PSX after completion of the share swap under court-sanctioned merger scheme

Fauji Fertilizer Bin Qasim delisted from PSX following merger with FFC

FFBL delisting effective from December 31, 2024, after fulfillment of all necessary requirements for the merger

UBL CEO secures 6.39 million shares, strengthens personal stake in the bank

Total shareholding reaches 38.09 million, representing 3.11% of UBL

Court approves merger of Fauji Fertilizer Bin Qasim with Fauji Fertilizer Company

Share swap arrangement finalized; merger aims to streamline operations

Acquirers submit fresh intention to acquire 83.96% shares of Calcorp Limited

JS Global Capital Limited appointed as Manager to the Offer; announcement set for December 5