CCP Approves Shareholding Acquisition in NIT

The Competition Commission of Pakistan (CCP) has given its approval for the acquisition of an 8.33% shareholding in M/s. National Investment Trust Limited (NITL) by two Pakistani residents, marking a significant shift in the ownership structure of the country’s oldest and most prestigious investment management company. This transaction will result in M/s. Adamjee Foundation ceasing …

80 Sugar Mills Receive Show Cause Notice as the Prices increased

The Competition Commission of Pakistan (CCP) has issued show cause notices due to nexus and violation of Competition Act 2010. The notices are served to 80 Sugar Mills in the country as the sugar prices are on the rise. According to the sources, the Competition Commission of Pakistan (CCP), upon the request of Sugar Mills, …

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