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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