CCP
Engro Secures CCP Approval for $563 Million Deal to Acquire Jazz’s Deodar Tower Assets
The Competition Commission of Pakistan (CCP) has granted approval for Engro Corporation’s acquisition of Deodar (Pvt.) Ltd., the tower subsidiary of Pakistan Mobile Communications Limited…
Fly Jinnah & Air Arabia Secure CCP Approval to Launch ‘Fly Jinnah T3 Flight Academy’ in Pakistan
Islamabad: The Competition Commission of Pakistan (CCP) has approved a joint venture between Fly Jinnah Services (Private) Limited and Air Arabia Academy LLC. The two…
CAT Upholds CCP’s Decision, Rejects Dairy Association’s PKR 500,000 Appeal
ISLAMABAD: The Competition Appellate Tribunal (CAT) has resumed hearings after an eight-month hiatus and, in its first session, dismissed the appeal filed by the Dairy…
Pakistan’s CCP Approves NLC-DP World Joint Venture to Boost Logistics Sector
ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval for the National Logistics Corporation (NLC) to acquire a 60% stake in DP World Logistics…
CCP Approves Bazaar Technologies’ Acquisition of Wemsol
The Competition Commission of Pakistan (CCP) has granted approval to Bazaar Technologies (Private) Limited for the acquisition of 100% shareholding in Wemsol (Private) Limited. The…
ABHI and TPL Corp Relaunch FINCA Under the New Identity of ABHI Microfinance Bank
ABHI, in collaboration with TPL Corp Limited, has officially rebranded FINCA Microfinance Bank as ABHI Microfinance Bank following the acquisition of its stake. The relaunch…
Shareholders Approve Silkbank-UBL Merger, Awaiting Final Approval
The merger between Silkbank Limited and United Bank Limited (UBL) has been legally accepted by the shareholders of both banks under the Scheme of Amalgamation.…
CCP Flags Transparency Issues in PTCL-Telenor Merger Review
Islamabad: State Minister for Information Technology and Telecommunication Shaza Fatima Khawaja informed the National Assembly on Friday that the Competition Commission of Pakistan (CCP) had…
SECP Denies Allegations of Delaying Ufone-Telenor Merger, Clarifies Regulatory Role
Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has officially denied reports suggesting that it is responsible for delaying the Ufone-Telenor Pakistan merger. In…
PTCL-Ufone and Telenor Pakistan Merger Delayed by CCP Review
Islamabad: The Pakistan Telecommunication Company Ltd’s Ufone acquisition of Telenor Pakistan, announced nearly a year ago, is facing a regulatory setback, causing a delay in…
PTCL Receives Conditions from CCP for Telenor Acquisition
ISLAMABAD: The Pakistan Telecommunication Company Limited (PTCL) Group allegedly approached the Special Investment Facilitation Council (SIFC) to express their dissatisfaction with the excessive delay in…
Rs275 Million Penalties Enforced by CCP in 2024
The Competition Commission of Pakistan (CCP) intensified its efforts against anti-competitive behaviors in 2024, imposing fines totaling Rs275 million on various companies. These penalties targeted…
CCP Imposes Rs75 Million Fine on Walls and Omore for False Advertising
The Competition Commission of Pakistan (CCP) has levied a combined fine of Rs170 million on the producers and distributors of Walls and Omore for misleading…
