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