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Pages in category "Mergers and acquisitions of Pakistani companies" The following 20 pages are in this category, out of 20 total. This list may not reflect recent changes .
The Reko Diq case, officially known as the Tethyan Copper Company Pty Limited v.Islamic Republic of Pakistan is an ongoing legal case between the Government of Pakistan and the Tethyan Copper Company (TCC) over breach of the Australia–Pakistan Bilateral Investment Treaty (BIT) and illegal denial of mining rights to TCC at the Reko Diq Mine in Chagai District, Balochistan.
In 2002, the Islamic investment bank merged with the conventional bank, resulting in the loss of its Shariah-compliant status. [4] This decision was driven by management choices rather than shareholder demands and led to a significant decline in deposits, from Rs31.9 billion in 2001 to Rs24 billion by the end of 2002, representing a 23 percent drop. [4]
This is a list of notable financial institutions worldwide that were severely affected by the Great Recession centered in 2007–2009. The list includes banks (including savings and loan associations, commercial banks and investment banks), building societies and insurance companies that were:
In 2007, Occidental Petroleum exited Pakistan and solds its assets to BP Pakistan. [1] In 2011, United Energy Group acquired the Pakistani assets of BP and BP Pakistan was renamed as UEP. [2] [3] A year later, in 2012, UEP secured a credit line of $5 billion from China Development Bank for its Pakistani operations and other potential acquisitions.
It was established in 1991 with its headquarters in Lahore, Pakistan. In 2000 the bank relocated its headquarters to Karachi. It was acquired by Standard Chartered Bank in 2006. Prior to the merger, it was Pakistan's eighth largest bank and had 65 branches in some 22 cities, about US$2 billion in assets, and about 400,000 customers. [1]
Engro Corporation Limited, formerly Engro Chemicals Pakistan Limited, and commonly known as Engro (Urdu pronunciation: [ɛn.ˈɡɾoː] en-GROW), is a Pakistani conglomerate headquartered in Karachi. It was founded as Esso Fertilizer in 1965 by Esso .
PICIC Commercial Bank Limited was incorporated in 1993 as Schön Bank Limited and commenced its business on 4 April 1994, with a paid-up capital of PKR 500 Million.. In 1997, Al Ahlia Portfolio Securities Company, Sultanate of Oman acquired the major shareholding and changed the bank’s name to Gulf Commercial Bank Limited.