Axiata nearing deal to acquire Veon’s Pakistan tower business for $1 billion: Bloomberg

Lahore: Bloomberg has reported that Malaysia’s biggest mobile operator Axiata Group is negotiating with Veon Limited to acquire its wireless towers business...

Puma Energy acquires 51pc stake in Pakistani OMC Admore

Karachi:Puma Energy Limited, whose largest shareholder is commodities trader Trafigura has inked an agreement with Admore Gas Private Limited to acquire 51pc...

CSIL acquiring company holding franchise rights to Fat Burger in Pakistan

Karachi: In a notification sent to the bourse on Wednesday, Crescent Star Insurance Limited (CSIL) announced that it had signed a memorandum...

Chinese SUV maker Great Wall considering bidding for Chrysler’s jeep unit

Beijing: Chinese SUV maker Great Wall Motors is considering making a bid to acquire Fiat Chrysler's Jeep unit, two employees of the...

Trafigura to acquire 51pc stake in Pakistani oil marketing company, Admore

Lahore: Geneva based Swiss oil trading company Trafigura has shown an interest in acquiring Pakistani oil marketing company Admore for $40m. Trafigura is...

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...

Phillips to acquire Spectranetics for $2.2b

The Hague: Dutch electronics and health care technology company Philips says it has an agreement to buy The Spectranetics Corporation in a...