Did the Chinese acquire PSX at a discount?
LAHORE: Leading brokerages and investors in the country believe the acquisition of Pakistan Stock Exchange by a Chinese consortium in January 2017...
Workers decry govt’s plan of privatisation of PIA, Steel Mill
KARACHI: A representative gathering of the labour here on Saturday expressed serious concerns on the proposed plans to privatise Pakistan Steel Mill...
Government to sell PIA’s minority share of 49pc by April 15
ISLAMABAD: While the opposition parties are concerned about the mode of government in privatisation of Pakistan International Airline (PIA) just ahead of...
Qualcomm keeps door open for negotiations with Broadcom
SAN DIEGO: Qualcomm Inc on Friday called a meeting with Broadcom Ltd to discuss the latter’s $121 billion bid constructive and opened...
Qualcomm again rebuffs Broadcom’s revised bid of $121 billion
SAN DIEGO: U.S. semiconductor company Qualcomm Inc on Thursday rejected Broadcom Ltd’s revised $121 billion buyout offer but proposed meeting its peer...
Faysal bank set to acquire 50 percent stake in Faysal asset management ltd
LAHORE: A bourse notification filed Thursday by Faysal Bank Limited disclosed its plan to acquire 50 percent shares in its associate Faysal...
Dewan Cement finally strikes deal with Mega Conglomerate after roller coaster week
LAHORE:  A bourse notification filed Wednesday by BMA Capital Management Limited disclosed that Mega Conglomerate (Pvt) Limited was acquiring 87.5 percent majority...
Facebook acquires Confirm, a company which authenticates IDs
NEW YORK/SAN FRANCISCO: Facebook Inc is buying a software firm that specializes in authenticating government-issued identification cards, the two companies said on...
Softbank purchases 15 percent stake in Uber
NEW YORK: A group led by Japanese technology conglomerate Softbank has acquired a major stake in Uber, potentially tamping down internal warfare...
PICIC insurance set to merge into Crescent Star Foods
LAHORE: A bourse notification Tuesday filed by PICIC Insurance revealed the company's board of directors had approved its merger with Crescent Star...
Fatima Fertilizer, Fatimafert proposed merger delayed
LAHORE: A bourse filing Friday by Fatima Fertilizer Company Limited revealed its board of directors decided to delay the proposed merger between...
Hershey reportedly acquiring Amplify snack brands for $1.6 billion: CNBC
PENNSYLVANIA: Hershey Co, the maker of Reese’s Peanut Butter Cups and Hershey’s Kisses, is nearing a deal to buy SkinnyPop parent Amplify...
Disney acquires Fox TV, film unit for $52.4 billion
CALIFORNIA: Walt Disney Co has struck a deal to buy film, television and international businesses from Rupert Murdoch’s Twenty-First Century Fox Inc...
Samsung hunting for bigger merger & acquisitions, deals
HELSINKI: Samsung Electronics’ $8 billion purchase of automotive and audio electronics company Harman has given the technology conglomerate confidence to chase more...
Government to accelerate privatisation move
ISLAMABAD: While the process of privatising government entities has been halted after few transactions of profitable organisations, the government has decided to...