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: report 

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 Technologies 

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 local 

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

CCP likely to approve Telenor-PTCL merger after SIFC intervention

Proposed settlement includes $1 billion investment by UAE-based telecom company e& which holds management control of PTCL

CCP approves merger of Olympia Synthetics and Olympia Industries

Merger involves share swap; no significant competitive concerns identified in relevant markets

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 approvalsÂ