Pakistan Business
CCP Approves Lotte Group Restructuring with No Impact on Pakistan’s Food and Beverage Market
The Competition Commission of Pakistan (CCP) has granted approval for an internal corporate restructuring within South Korea’s Lotte Group after concluding that the transaction will not reduce competition in Pakistan’s food and beverage industry. The approval follows a detailed review conducted under the Competition Act, 2010, which requires regulatory clearance for mergers and acquisitions that […]
FFC Joins Arif Habib Consortium to Acquire 100% Stake in PIA
Fauji Fertilizer Company Limited has officially joined a consortium led by Arif Habib Corporation Limited to acquire full ownership of Pakistan International Airlines. The move marks a significant development in Pakistan’s ongoing efforts to restructure and privatize its national carrier. The consortium has established a special purpose vehicle named PIA Equity Limited, which will serve […]