SECP is changing company takeover laws. But what exactly is being changed and why?
The companies regulator seems to have realised its mistake, but only after one business group allegedly tries to pull a fast one
Jahangir Siddiqui will soon own two banks. Not everyone is happy
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?
Ravi Textile Mills to be acquired by steel mill owners
A potential takeover leaves Ravi’s staff stumped; unclear what direction the company will take next
Saudi Arabia’s National Commercial Bank to acquire Samba
The largest bank by assets in Saudi Arabia is entering Pakistan. This is not the bank’s first brush with Pakistanis
Fossil Energy still looking to acquire Bawany Air Products
The energy company may be looking at the acquisition as a backdoor public listing on the Pakistan Stock Exchange
Have Pakistan’s most successful startup founders become Naspers’ latest victims?
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?
Is Ernst & Young about to exit Pakistan?
Ernst & Young, the global accounting and professional services firm that goes by its brand name EY, is re-evaluating its relationship with...
Sindh Bank and Summit Bank are merging. Who is the real buyer?
Allegations of money laundering and illicit payoffs continue to haunt this transaction, suggesting there may be more than a simple bank merger going on
Is Dewan Yousuf serious or will he hoodwink everyone yet again?
The Group faces a serious credibility crisis as it turns down offers for its cement plants for the umpteenth time – even the lucrative Mega offer – raising doubts about its intent to sell and settle the default.
A bank sold for just Rs1,000. Does it make any sense?
Profit demystifies the controversy over the sale of KASB Bank
What is Malik Riaz up to now?
On the surface, it is a transaction that makes absolutely no sense: why on earth is Bahria Town, Pakistan’s largest private sector...