Pakistan Refinery Limited and Air Link Communication Limited Announce Intention to Acquire 77.42% Shares and Control of Shell Pakistan Limited

Karachi, In a significant development for the corporate landscape, Pakistan Refinery Limited and Air Link Communication Limited have jointly declared their intention to acquire 77.42% shares and assume control of Shell Pakistan Limited. The Public Announcement of Intention, submitted by the Acquirers through Next Capital Limited, signifies a substantial acquisition under the Securities Act, 2015 and the Listed Companies (Substantial Acquisition of Voting Shares & Takeovers) Regulations, 2017.

With Next Capital Limited appointed as the Manager to the Offer in accordance with the relevant regulations, this move represents a notable strategic maneuver within the corporate realm.

As the Acquirers embark on this acquisition journey, the market eagerly awaits further developments in this dynamic business landscape.

The post Pakistan Refinery Limited and Air Link Communication Limited Announce Intention to Acquire 77.42% Shares and Control of Shell Pakistan Limited appeared first on Pakistan Company News.