PTCL shareholders approve acquisition of Telenor Pakistan, $400 million financing plan
Members endorse purchase of 100% shares in Telenor Pakistan and Orion Towers, and authorize $400m funding from IFC-led lenders
Maple Leaf Cement weighs acquisition of Pioneer Cement
MLCF board reviews potential takeover plan involving due diligence, commercial terms, regulatory approvals, and a public offer process; appoints Next Capital as transaction manager
First National Equities to acquire a pharmaceutical company
The brokerage firm appears to be diversifying away from the securities business and instead wading into what might be described as private equity
CCP approves merger of Global Haly Development into Bank Makramah
Bank Makramah to issue shares to Global Haly Development shareholders; Global Haly to be dissolved upon completion
Sapphire Fibres approves merger with Reliance Cotton Spinning Mills
Sapphire Fibres Limited receives board approval for amalgamation with Reliance Cotton Spinning Mills, pending regulatory and court approvals
TPL Corp board greenlights VEON’s plan to acquire TPL Insurance
Board also authorises TPL Corp to negotiate offer terms and facilitate due diligence in line with applicable laws
PTCL-Telenor merger delay postpones 5G spectrum auction in Pakistan: reportÂ
Competition Commission awaits necessary documents from PTCL, as uncertainty over telecom merger stalls auction process
Globe Textile Mills owners sue OBS to terminate merger agreement
Pharma conglomerate aimed to use acquisition as a backdoor public listing, now appears to be unlikely to go through
The bidding war for Attock Cement
Five parties are bidding for the Pharaon asset in Pakistan as the heirs of the Saudi-Lebanese billionaire look to offload their sizeable Pakistan presence
Supernet Limited’s board approves merger with Supernet TechnologiesÂ
Shareholders to receive 1.68 STL shares for each Supernet Limited share
Ferozsons moves forward with acquisition of Barrett Hodgson Pakistan
Company’s board approves due diligence for potential acquisition of Barrett Hodgson Pakistan with localÂ
Three parties now bidding for Rafhan Maize
Some of the country’s leading industrial conglomerates – Nishat, Sapphire, Shirazi, and Ghulam Farooq Group – have thrown their respective hats in the ring
TWF Holding acquires majority stake in ZIL Limited in major share purchase deal
Dubai-based TWF Holding, owned by Dr. Salomon Van Rooijen, completes 84.84% acquisition at a rate of Rs297.50 per share
Cherat Cement and Shirazi Investments launch joint bid for Rafhan Maize
Food company is being put up for sale by its Chicago-based parent company; joint venture between Ghulam Farooq Group and the Shirazis seeking to acquire
Bank Alfalah signs off on sale of Alfalah Securities to Optimus Capital for Rs 313 million
Deal closes the curtain on a seven‑year experiment with a foreign partner and hands Optimus a platform for bulking up its cash‑equities franchise