CCP approves Singaporean Company’s shipping merger with its holding company 

ISLAMABAD: The Competition Commission of Pakistan (CCP) has given its approval for a merger in the deep-sea container liner shipping services market. Through the approved merger, M/S. PIL Holdings Pte. Ltd. acquires minor shareholding in M/s. PIL Pte. Ltd. Both entities are registered in Singapore.

As per details shared by CCP on Tuesday, PIL Pte. has an indirect subsidiary in Pakistan…

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News Source: profit.pakistantoday.com.pk