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Shares and Mergers

Acquisition Of Shares And Mergers Cleared By The CCP Under Section 11 Of The Competition Ordinance.

Brief of Transaction.

Date of NOC.

  1. ACQUISITION OF SHARES .

1

Acquisition of shares of M/s. IBL Modaraba Management Private Limited by Dr. Hasan Sohaib Murad

04-12-2007

2

Acquisition of shares of M/s. Wazeer Ali Industries Limited by M/s. Dalda Foods (Pvt) Limited.

13-12-2007

3

Acquisition of shares of M/s. Global Securities Pakistan Limited by M/s. NIB Bank Limited

31-12-2007

4

Acquisition of shares of M/s. Saudi Pak Bank Limited by a Consortium led by Mr. Shaukat Tarin.

11-01-2008

5

Acquisition of shares of M/s. Bosicor Oil Pakistan Limited by M/s Byco Industries Incorporated

07-02-2008

6

Acquisition of shares of M/s. DHL Pakistan (Pvt) Limited by M/s. Deutsche Post International BV

15-02-2008

7

Acquisition of shares of M/s Bosicor Pakistan Limited by M/s. Byco Industries Incorporated

20-02-2008

8

Acquisition of shares of M/s Bosicor Chemicals Pakistan Limited by M/s. Byco Industries Incorporated

20-02-2008

9

Acquisition of shares of M/s Worldcall Pakistan Limited by M/s. Oman Telecom.

25-02-2008

10

Acquisition of shares of M/s Makro Habib Pakistan Limited by M/s Thal Limited.

10-03-2008

11

Acquisition of shares of M/s. Tenaga Generasi Limited by M/s. Dawood Lawrencepur Limited.

27-03-2008

12

Acquisition of shares of Shirazi Group Companies by M/s. Shirazi Capital (Pvt) Limited.

28-03-2008

13

Acquisition of shares of M/s Indus Motor Company Limited by M/s. Toyota Corporation Japan .

29-04-2008

14

Acquisition of shares of M/s EFU General Insurance Company by M/s. EFU Life Assurance Company.

02-05-2008

15

Possible Acquisition of shares of M/s. Heavy Electrical Complex (Pvt) Limited by M/s. Siemens ( Pakistan ) Engg. Company Limited.

15-05-2008

16

Acquisition of shares of M/s. MCB Bank Limited by M/s. Malayan Banking Berhad

20-05-2008

17

Acquisition of shares of Agro General Insurance Company by M/s. The Direct Insurance Company.

21-05-2008

18

Acquisition of shares of M/s. ABN Amro Bank ( Pakistan ) Limited by a consortium led by The Royal Bank of Scotland Group PLC.

22-05-2008

19.

Acquisition of shares of M/s. Pakistan Cement Company Limited by M/s. Lafarge S .A.

23-05-2008

20

Acquisition of shares of shares of M/s. Nalco Pakistan (Pvt) Limited by M/s. Nalco Asia Holding Pte. Ltd.

30-05-2008

21

Acquisition of shares of shares of M/s. Millat Industrial Products Limited by M/s. Millat Tractors Limited. 05-06-2008

22

Acquisition of shares of M/s ICI Pakistan Limited by M/s. Akzo Nobel N.V. 05-06-2008

23

Acquisition of shares of M/s Pakistan PTA Limited by M/s. Akzo Nobel N.V. 05-06-2008

24

Proposed acquisition of M/s. Hazara Phosphates Fertilizer Limited by M/s. Pak-American Fertilizer Company Limited . 11-06-2008

25

Acquisition of shares of M/s. First Capital Investment Limited by M/s. First Capital Securities Corporation Limited. 19-06-2008
26 Acquisition of shares of M/s. Shaheen Insurance Company Limited by M/s. First Capital Securities Corporation Limited. 19-06-2008
27 Acquisition of shares of M/s. Media Times Limited by M/s. First Capital Securities Corporation Limited. 19-06-2008
28 Acquisition of shares of M/s. Pace Barka Properties Limited by M/s. First Capital Securities Corporation Limited. 19-06-2008
29 Acquisition of shares of M/s. Unilever Pakistan Limited by M/s. Unilever Overseas Holding Limited, UK . 25-06-2008
30 Acquisition of shares of M/s. Shakarganj Food Products Limited by M/s. KASB Capital Limited. 25-06-2008
31 Acquisition of Representative Offices of American Express Bank Limited in Pakistan by M/s. Standard Chartered Bank Limited. 25-06-2008
32 Acquisition of shares of M/s. Coca-Cola Beverages Pakistan Limited by M/s. Coca-Cola Icecek Anonim Sirketi 03-07-2008
33 Acquisition of shares of M/s. Sweetwater Dairies Pakistan (Pvt) Ltd 04-07-2008
34 Acquisition of 75% shares of M/s. Laraib Energy Limited by M/s. Hub Power Company Limited 03-07-2008
35 Acquisition of shares of M/s. DHA Cogen Limited by M/s. AEI Asia Limited 17-07-2008
36 Acquisition of shares of M/s. Capital Asset Leasing Corporation by Optimus Limited. 01-08-2008
37 Acquisition of M/s. Rafhan Maize Products Company Limited by M/s. Bunge Limited. 01-08-2008

38

Proposed acquisition of 90 to 100 percent shares of M/s. Heavy Electrical Complex (Pvt) Limited by M/s. Iljin Electric Company Limited.

11-08-2008

39

Acquisition of 62.50% shares of M/s. Al-Asif Sugar Mills Limited by M/s. Haq Bahu Sugar Mills (Pvt) Limited.

21-08-2008
40 Acquisition of 27.40% shares of M/s. Vision Network Television Limited by M/s. Eastgate GEMs SPV3 21-08-2008
41 Proposed acquisition of M/s. Hazara Phosphate Fertilizers Limited by a Consortium comprising of M/s. Kissan Chemicals & Fertilizers (Pvt) Limited and M/s. Chaudhry Steel Re-Rolling Mills (Pvt) Limited 05-09-2008
42 Acquisition of 10% shares of M/s.Saif Power Limited by M/s. Habib Bank Limited. 15-09-2008
43 Proposed acquisition of M/s. Hazara Phosphates Fertilizer Limited by M/s. Warble (Pvt) Limited 18-09-2008
44 Acquisition of shares of Meezan Bank Limited by M/s Noor Financial Investment Company. 22-09-2008
45 Acquisition of 05.63% shares of M/s. MCB Bank Limited by M/s. Adamjee Insurance Company Limited. 25-09-2008
46 Acquisition of shares of M/s. Karachi Electric Supply Company by M/s. IGCF SP 21 Limited (Abraaj). 23-10-2008
47 Acquisition of shares of M/s. BankIslami Pakistan Limited by M/s. Dubai Banking Group LLC. 28-10-2008
48 Acquisition of 29% shares of M.s. Sweetwater Dairies Pakistan (Pvt) Limited by M/s. Unicornn Investment Bank. 31-10-2008
49 Acquisition of 51% shares of Tameer Microfinace Bank Limited by Telenor Pakistan (Pvt.) Limited. 27-11-2008
50 Acquisition of 100% shares of Mobiserve Pakistan (Pvt) Limited by Mobiserve Holding 05-12-2008
51 Acquisition of 18.14% shares of Uch Power Limited by Creative Energy Resources Corporation . 05-12-2008
52

Acquisition of 6.90% shares of Meezan Bank Limited by Noor Financial Investment Company .

05-12-2008
53

Acquisition of 1.00 million Non Voting Ordinary Shares of Tetra Pak Pakistan Limited by Packages Limited .

26-12-2008
54 Acquisition of total paid up shares and associated assets of Bristol-Myers Pakistan (Pvt) Limited by S.R. One International B.V, Netherlands . 31-12-2008
55 Acquisition of 09.25% shares of Dawood Islamic Bank Limited by Unicorn Investment Bank, B.S.C, Bahrain . 29-01-2009
56 Acquisition of 20% shares of Sandal Bar Rolling Mills (Pvt) Limited by Dr. Tariq Mahmood Chaudhry 20-02-2009
57 Acquisition of 8.83% shares of M/s. Allied Bank Limited by M/s. Ibrahim Fibres Limited 03-03-2009
58

Acquisition of UCB S.A's business in Pakistan by GlaxoSmithKline Trading Services Limited.

06-03-2009
59

Acquisition of 6.0 million shares of M/s. Shakarganj Food Products Limited by M/s. Crescent Steel and Allied Products Limited.

06-03-2009
60 Acquisition of Preference/Non Voting Shares of Packages Limited valuing US$ 50.0 million by International Finance Corporation (IFC) . 24-03-2009
61 Acquisition of 3.0 million shares of M/s. Habib Sugar Mills Limited by M/s. Bank Al Haibib Limited. 27-03-2009
62 Acquisition of 5.86% shares of M/s. Eye Television Network Limited by Mr. Duraid Qureshi, Chief Executive of Eye Television Network Limited 22-04-2009
63 Acquisition of 49% (and in due course at the acquirer's call option 100%) of the shares of Star Hydro Power Limited jointly by M/s. Korea Water Resources Corporation, Daewoo Engineering & Construction Company Limited, Korea and Sambu Construction Company Limited, Korea . 30-04-2009
64

Acquisition of 18.32% shares of M/s. United Bank Limited jointly by Bestway (Holdings) Limited and Mr. Zameer Mohammad Choudrey on conversion of 14.09 million Global Depository Receipts of United Bank Limited.

07-05-2009
65

Proposed Acquisition of 51% shares of M/s. National Power Construction Corporation (Pvt) Limited by M/s. Saudi Cable Company, Jeddah , Saudi Arabia .

15-05-2009
66 Acquisition of Stiefel Pakistan by SJ Galaxy Acquisition Corporation, USA as a result of merger of SJ Star Merger Sub., with and into Stiefel Laboratories Inc,. 27-05-2009
67 Acquisition of 75% Working Interest in the Chahchar Gas Field by Pakistan Petroleum Limited from Tullow Pakistan (Developments) Limited. 04-06-2009
68 Aquisition of 24.95% shares of Pioneer Cement Limited by Vision Holdings Middle East Limited. 08-06-2009
69 Acquisition of 4.55 million shares of M/s. MCB Bank Limited by Nishat Mills Limited. 16-06-2009
70 Acquisition of Wyeth Pakistan Limited by Pfizer Laboratories Limited Inc. 22-06-2009
71

Acquisition of 75.00% shares of Pakistan PTA Limited by KP Chemical Corporation.

23-06-2009
72 Acquisition of 100% shares of Imperial Developers and Builders (Pvt) Limited by G4 Mega (Pvt) Limited 25-06-2009
73 Acquisition of 25% shares of Aisha Steel Mills Limited by Arif Habib Securities Limited. 30-06-2009
74

Acquisition of 11.90 million shares of Dewan Farooque Motor Limited by Dewan Muhammad Yousuf Farooqui.

30-06-2009
75

Acquisition of 19.99 million shares of M/s. Engro Chemical Pakistan Limited by Patek (Pvt) Limited.

09-07-2009
76

Acquisition of 2.478 million shares of M/s. Dawood Lawrencepur Limited by Patek (Pvt) Limited

09-07-2009
77

Acquisition of 281,000 (5.73%) shares of Inbox Business Technologies (Pvt) Limited by Patek (Pvt) Limited

13-07-2009
78

Acquisition of 20.00 million (7.48%) shares of Nishat Chunian Power Limited by Adamjee Insurance Company Limited.

13-07-2009
79 Acquisition of Sun Microsystems, Inc. by Oracle Corporation 10-08-2009
80

Acquisition of 297.034 million shares of Arif Habib Bank Limited by M/S Suroor Investments Limited.

18-08-2009
81

Acquisition of 117,000 (81.255%)  shares of Agility Fairs & Events logistics (Private) Limited by Agility Logistics (Pvt) Limited

19-08-2009
82 Issuance of 143,043,342 shares of M/S Pace ( Pakistan ) Limited  on conversion to its Foreign Currency Convertible Bond Holders. 21-08-2009
83 Acquisition of 1,707,107,891 (99.37%) shares of Royal Bank of Scotland by MCB Bank Limited 31-08-2009
84 Acquisition of 1,544,866 (30%) shares of Ansar Management Company (Private) Limited by Acumen Fund Inc 02-09-2009
85 Acquisition of 2,979,775 (27.6%) shares of Immersion (Private) Limited by Oasis Capital ( Mauritius ) Limited 14-09-2009
86 Acquisition of 40% shares of Immersion (Private) Limited by Acumen Fund Pakistan . 13-10-2009
87 Acquisition of assets of Dunavant Enterprises, Inc., USA located outside of Pakistan by Louis Dreyfus Corporation, USA . 14-10-2009
88 Acquisition at 100% shares of International Steels Limited by International Industries Limited 15-10-2009
89 Acquisition of 40.48% shares of Amreli Steels (Pvt) Limited by Premier Steel Limited. 21-10-2009
90 Acquisition of rights to packaging, promotion, marketing, distribution and sale of medicines namely Kemadrin & Septrin in Pakistan by Aspen Global Incorporated, Mauritius from Glaxo Group Limited, UK. 29-10-2009
91

Acquisition of shares of Pakistan International Container Terminal Limited valuing Rs. 500 million by Jahangir Siddiqui and Company Limited.

03-11-2009
92

Acquisition of 4.127 million shares of Central Insurance Company Limited by Dawood Corporation (Pvt) Limited.

10-11-2009
93 Acquisition of 11.279 million (24.16%) shares of M/s. Dawood Lawrencepur Limited by Dawood Corporation (Pvt) Limited. 10-11-2009
94

Acquisition of 1.14 million shares of Janana De Malucho Textile Mills Limited by Bannu Woolen Mills Limited.

24-11-2009
95 Acquisition of Cadbury Plc UK by Kraft Foods Inc., USA . 26-11-2009
96

Acquisition of 100% stake and management control in AES Pak Gen (Pvt) Company by a consortium comprising of Nishat Mills Limited, Adamjee Insurance Company Limited, Security General Insurance Company Limited, Mr. Hassan Mansha, Stanhope Investments and Eengen (Pvt) Limited.

31-12-2009
97

Acquisition of 90% stake and management control in AES Lal Pir (Pvt) Limited by a consortium comprising of Nishat Mills Limited, Adamjee Insurance Company Limited, Security General Insurance Company Limited, Mr. Hassan Mansha, Stanhope Investments and Eengen (Pvt) Limited.

31-12-2009
98 Acquisition of 800,000 shares valuing Rs. 68.621 million of Fauji Fertilizer Company Limited by PICIC Investment Fund. 04-01-2010
99 Acquisition of working interest of 65% in exploration license and 51.31% in exploration and production leases in Mirpurkhas and Khipro blocks by BP Pakistan Exploration & Production, Inc.

14-01-2010

100

Acquisition of IMS Health Incorporated, USA by Healthcare Technology Holdings, Inc. USA.

14-01-2010
101 Acquisition of 24.90% shares of Atlas Bank Limited by Shirazi Capital (Pvt) Limited. 21-01-2010
102 Acquisition of entire issued and paid up share capital of Storsack Holding GmbH by Pinwheel Asset Holding B.V. 26-01-2010
103 Acquisition of 17.3833% of the issued and paid up share capital of Storsack (Private) Limited by Storsack UK Limited 26-01-2010
104 Acquisition of Universal Terminal (Pvt) Limited by Byco Petroleum Pakistan Limited. 28-01-2010
105

Acquisition of 27% stake in National Fullerton Asset Management Limited by National Bank of Pakistan .

09-02-2010
106 Acquisition of Unitech Solutions (Private) Limited by International Turnkey Systems (Private) Limited. 19-02-2010
107 Acquisition of Tricon Developers, a partnership firm by M/s. Tricon Developers Limited. 02-03-2010
108 Acquisition of assets of Dadu Sugar Mills (Private) Limited by New Dadu Sugar Mills (Private) Limited 08-03-2010
     

 

2. MERGERS.

1

Merger of M/s. Anwar Cotton Mills (Pvt) Limited and M/s. Aslam Industries Limited with and into M/s. ACRO Textile Mills Limited

06-12-2007

2

Merger of M/s. Pakistan Credit and Investment Corporation with and into M/s. NIB Bank Limited.

31-12-2007

3

Merger of M/s. PICIC Commercial Bank Limited with and into M/s. NIB Bank Limited..

31-12-2007

4

Merger of M/s. Total Media Limited with and into M/s. Media Times Limited.

15-02-2008

5

Merger of M/s. Crescent Bahuman Energy and M/s. Crescent Bahuman Textile Limited with and into M/s. Crescent Bahuman Limited.

16-04-2008

6

Merger of M/s. Yousaf Sugar Mills Limited with M/s. Abdullah Sugar Mills Limited

24-06-2008

7

Merger of M/s. Haseeb Waqas Engineering Limited with Abdullah Sugar Mills Limited.

24-06-2008

8

Amalgamation of Al Abbas Industries Limited with and into Al Abbas Sugar Mills Ltd

27-06-2008

9

Merger of M/s. Al-Abbas Holding (Pvt) Limited and M/s. Ghani Holding (Pvt) Limited with and into M/s. Javedan Cement Limited

11-08-2008

10

Merger of M/s. International Multi Leasing Corporation with and into M/s. Al Zamin Leasinng Modaraba

11-08-2008

11

Merger of M/s. Pirkoh Gas Company (Private) Limited with and into M/s. Oil & Gas Development Company Limited

04-09-2008

12

Mergers of M/s. Automotive Battery Company Limited with and into M/s. Exide Pakistan Limited.

09-09-2008

13

Merger of M/s. Pfizer Laboratories Limited and Parke Davis & Company Limited.

12-09-2008

14

Merger of M/s. Merck Sharpe and Dohme of Pakistan Limited with and into M/s. OBS Pakistan (Pvt) Limited.

25-09-2008

15 Merger of KASB Bank Limited, KASB Capital and Atlas Bank Limited 07-11-2008

16

Merger of M/s. Nishat Apparel Limited with and into M/s Nishat Mills Limited.

11-11-2008

17 Merger of M/s. Jubilee Energy Limited with and into M/s. Jubilee Spinning and Weaving Mills Limited. 18-11-2008
18 Merger of Network Leasing Corporation Limited with and into KASB Bank Limited . 05-12-2008
19

Amalgamation of the Hong Kong and Shanghai Banking Corporation (all branches in Pakistan ) with and into HSBC Bank Middle East Limited.

30-01-2009
20 Amalgamation of M/s International Brands (Pvt) Limited, M/s. Karachi Investment Company (Pvt) Limited, M/s. Distribution Network (Pvt) Limited, M/s. The Marketing Company (Pvt) Limited & M/s. General Commodities (Pvt) Limited 13-04-2009
21

Merger of United Money Market Fund with and into United Growth & Income Fund .

22-05-2009
22 Amalgamation/Merger of Nimir Resins Limited and Descon Chemicals (Private) Limited by the transfer to and vesting in Nimir Resins Limited of the entire undertaking of Descon Chemicals (Private) Limited 12-06-2009
23 Merger of Orix Investment Bank Pakistan Limited with and into ORIX Leasing Pakistan Limited 15-06-2009
24

Merger of Merck & Co. Inc. and Schering Plough Corporation.

30-06-2009
25 Merger of Al-Zamin Leasing Modaraba and Al-Zamin Leasing Corporation Limited with and into Invest Capital Investment Bank Limited. 09-07-2009
26 Merger of Omer Iqbal Solvent I & II (Private) Limited with and into Tahir Omer Industries (Private) Limited 01-09-2009
27 Merger of M/s. Punjab College of Information Technology (Pvt) Limited with and into National Communications Sciences (SMC-Pvt) Limited 13-10-2009
28 Merger of M/s. Able Diversified Limited into Educational Excellence Limited and National Communication Services (SMC-Pvt) Limited. 14-10-2009
29 Merger of M/s. Shaheen Cotton Mills Limited with and into Shahzad Textile Mills Limited. 21-12-2009
30 Merger of M/s. Askari Leasing Limited with and into M/s. Askari Bank Limited 22-12-2009
31 Merger of M/s. J.K. Sons (Pvt) Limited with and into M/s. J.K. Fibre Mills Limited. 06-01-2010
32

Merger of GlaxoSmithKline Pharmaceuticals (Private) Limited with and into GlaxoSmithKline Pakistan Limited

20-01-2010
33 Amalgamation of Johnson & Phillips Industries ( Pakistan ) Limited, Johnson & Phillips EMO Pakistan (Pvt) Limited and Elmetec (Pvt) Limited with and into Johnson & Phillips ( Pakistan ) Limited. 09-02-2010

Joint Venture:

1 Formation of a Joint Venture Company M/S. Adamjee Life Assurance Company Ltd by M/s. Adamjee Insurance Company Ltd, Hollard Life Assurance Company Ltd & IVM Intersurer B.V. 8-08-2008
2 Joint venture between M/s. Afzal Motors (Pvt) Limited and M/s. Daewoo Bus Corporation, Korea . 20-03-2009
3 Joint Venture Agreement between the Government of Sindh, Engro PowerGen Limited and Engro Chemical Pakistan Limited. 14-12-2009
4 Tri-partite Joint Venture between Defence Housing Authority, Bahria Town (Private) Limited and Habib Rafiq (Private) Limited. 25-01-2010

 


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