The companies regulator seems to have realised its mistake, but only after one business group allegedly tries to pull a fast one
Companies in Pakistan are seeking to repurchase their shares as valuations plummet to their lowest level in at least a decade due...
From legal technicalities to outright accusations of white-collar crime involving big business, as well as the regulators, JS Bank’s bid to buy BankIslami has many detractors. But will any of this be enough to stop the transaction from taking place?
Finance Division seeks justification from power division for proposing transfer of controlling interest of GEPCO instead of Guddu Power Plant (GPP)
A potential takeover leaves Ravi’s staff stumped; unclear what direction the company will take next
The largest bank by assets in Saudi Arabia is entering Pakistan. This is not the bank’s first brush with Pakistanis
The energy company may be looking at the acquisition as a backdoor public listing on the Pakistan Stock Exchange
Previously, the Wilmar unit held 11.01pc stake in Unity Foods which it acquired in May 2019 equivalent to 59,905,187 shares of the company
The merger of EMPG and OLX has created a new entry into the unicorn club, but is it another one of Naspers' classic burn-them-out takeovers? Or did the Pakistani founders negotiate from a position of strength? Besides, who is next?
Ernst & Young, the global accounting and professional services firm that goes by its brand name EY, is re-evaluating its relationship with...
It has been speculated that around 5 to 6 international firms have approached the federal government to reach an arrangement for the privatisation and revival of PSM.
This divestment would rank as the country’s largest privatization deal since 2005 when Etisalat acquired a controlling stake in Pakistan Telecommunications Limited (PTCL) for $2.6 billion
At the end of July, Inner Mongolia Yili Industrial Group Co had submitted an investment intention letter to acquire a 51 percent majority stake in Fauji Foods
A move by Actis to take control of Abraaj Private Equity Fund IV had hit a stumbling block as the British firm sought legal protection from any claims surrounding allegations of missing money, three sources close to the matter said earlier
The company was founded in 1978 and is based in Lahore and is a subsidiary of Pattoki Sugar Mills Limited