Aramco completes acquisition of 40% stake in Gas & Oil Pakistan
This acquisition represents Aramco’s first Downstream retail investment in Pakistan and signals the company’s growing retail presence in high-value markets.Â
Turkish neobank Papara has officially announced its acquisition of SadaPay. How good is the deal?
Post acquisition, Pakistani users can expect a host of new SadaPay products and services such as savings and wealth managementÂ
CCP approves merger of Intermarket Securities with EFG Hermes Pakistan
Merger will result in a slight increase in EFG’s market share
SBP allows Bank Alfalah to conduct due diligence of Samba Bank
Bank Alfalah intends to acquire up to 84.51% shares of the Samba Bank, held by Saudi National Bank.Â
RMS withdraws bid to acquire 87.96% stake in Escorts Investment Bank
Deadline to make public announcement lapsed on May 12, 2024, without necessary approvalsÂ
CCP greenlights 100% acquisition of PIA by PIA Holding Company
HOLDCO will acquire PIACL's shareholding and specified assets, liabilities, and subsidiaries, including certain real estate assets
CCP flags PTCL’s acquisition of Telenor Pakistan as potential threat to telecom competition
In its investigation, commission concludes reduced competition likely lead to adverse outcomes for consumers, such as higher prices or diminished choice and quality of services
Regulatory approval granted by CCP for 40% acquisition of GO by Aramco
Deal marks the success of Aramco’s entry into Pakistan’s OMC space
TPL, Abhi to submit binding offer to acquire majority stake in FINCA Microfinance Bank
Transaction will remain subject to obtaining all necessary corporate and regulatory approvalsÂ
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%
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
PTCL-Telenor merger decision may face delays due to concerned competitors
Application sent to CCP was also incorrect, delaying the approval process: clarifies CCP
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
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
CCP approves 100% acquisition of EFU Health by EFU Life
Hundred percent shareholding from EFU Services transferred to EFU Life