Three months later, PTCL’s acquisition of Telenor continues through sluggish approval process
The CCP’s Phase 1 review likely to end by March end; Phase 2 review very much on the cards
PTCL-Telenor merger decision may face delays due to concerned competitors
Application sent to CCP was also incorrect, delaying the approval process: clarifies CCP
Bank Alfalah intends to acquire majority stake in Samba Bank
Eyes 84.51% of Samba Bank in nonbinding offer to its parent Saudi National Bank
Bank Alfalah intends to acquire 84.51% shares of Samba Bank
Saudi National Bank is the principal shareholder of Samba Bank Limited with 84.51%
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?
CCP approves merger between TPL Life Insurance and Dar Es Salam Textile Mills
TPL does not stand to gain unfair dominance in the market through the merger - CCP
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?
Wilmar Agro raises stake to 30 per cent in Unity Foods
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
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.
CCP approves 100% acquisition of EFU Health by EFU Life
Hundred percent shareholding from EFU Services transferred to EFU Life
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
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
Plans to transfer control of Nandipur Power Plant, GEPCO to PSO
Finance Division seeks justification from power division for proposing transfer of controlling interest of GEPCO instead of Guddu Power Plant (GPP)Â
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