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Competition Commission of Pakistan approves merger

The Newspaper's Staff Reporter Published March 22, 2024
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ISLAMABAD: The Com­petition Commission of Pak­istan (CCP) has approved the merger of TPL Life Insurance Ltd with Dar Es Salam Textile Mills Ltd.

The approval comes following the parties’ agreement into a Scheme of Arrangement under the Companies Act 2017.

The commission has said that the cross-sectoral merger is a positive development for the insurance industry, showcasing growth and consolidation.

Published in Dawn, March 22nd, 2024

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