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Tag: acquisition

Latest
  • WEB DESK
  • November 21, 2024
Fans worried as Kadokawa confirm Sony’s interest in acquisition

Kadokawa Corporation confirmed that they received an initial letter of intent to acquire company shares from Sony, in a statement released on Wednesday responding to media articles about the possible acquisition.

PTCL
Latest
  • WEB DESK
  • October 3, 2024
Telecos raise competition concerns over PTCL’s takeover of Telenor

The merger could allow PTCL to monopolise LDI services, such as the recent shift of Ufone’s LDI service from Wateen in Balochistan.

Lahore Citi hospital
Latest
  • WEB DESK
  • June 12, 2024
Chinese company acquires Lahore Citi hospital for Rs 700 million

Wang Yanfei, CEO Jiu Zhou, mentioned that the Henan business delegation was visiting Pakistan in March 2024. “During our trip, we explored several cities in Pakistan and carefully assessed investment opportunities.

PIA privatisation deadline
Latest
  • WEB DESK
  • March 27, 2024
Gulf giants express interest in acquiring PIA

The United Arab Emirates, Saudi Arabia, and Qatar have emerged as potential buyers for Pakistan International Airlines (PIA).

canva acquire affinity
Latest
  • WEB DESK
  • March 26, 2024
Canva acquires design platform Affinity to offer Adobe-like editing tools

Australian design software developer Canva has made its largest acquisition to date by acquiring UK-based design platform Affinity.

Microsoft Bing AI risks
Latest
  • WEB DESK
  • January 26, 2024
Microsoft to cut 1,900 jobs in gaming division restructuring

Microsoft is set to lay off approximately 1,900 employees across Activision Blizzard and Xbox this week, as reported by The Verge.

uber alcohol delivery service closed
Latest
  • WEB DESK
  • January 17, 2024
Uber ends alcohol delivery app to focus on another service

Uber has announced the closure of Drizly, the US-based alcohol delivery service it acquired for $1.1 billion in 2021.

Is EasyPaisa shutting down?
Latest
  • WEB DESK
  • December 18, 2023
Here’s why your money is not at risk in Easypaisa account

After the acquisition of Telenor by PTCL, concerns have arisen among EasyPaisa users regarding the fate of their financial services app.

PTCL Telenor merger
Latest
  • WEB DESK
  • December 14, 2023
PTCL seals Rs108 billion deal to acquire Telenor Pakistan in telecom sector mega merger

In a significant consolidation within the telecom sector, Pakistan Telecommunication Company Limited (PTCL) has finalised a Share Purchase Agreement (SPA) with the shareholders of Telenor Pakistan (Private) Limited (TPL) for the acquisition of 100 per cent shares at the value of Rs 108 billion ($385 million).

Microsoft to buy Activision Blizzard soon
Latest
  • WEB DESK
  • October 6, 2023
Microsoft to finalise $68.7 billion acquisition of Activision Blizzard next week

In a significant corporate move, Microsoft is on the verge of finalising its long-anticipated acquisition of Activision Blizzard, a deal valued at a staggering $68.7 billion.

Latest

Combination photos shows Mohsin Naqvi (L) and Khawaja Asif (R): FILE PHOTO
  • WEB DESK
  • August 3, 2026
Time for a ‘PCB revolution’ first, Khawaja Asif tells Mohsin Naqvi; ‘no PM, no parliament’ to blame there
Trump issues warning to Tehran if US-Iran peace talks collapse
  • Reuters
  • August 3, 2026
Trump says Iran talks to begin Monday, rules out setting deadline for deal
  • WEB DESK
  • August 3, 2026
AJK phase II unofficial election results: PML-N wins 13 seats; PPP trails behind with five
At least 7 killed, 18 injured in Swat suicide attack
  • WEB DESK
  • August 2, 2026
At least 7 killed, 18 injured in Swat suicide attack
Traffic police warn citizens against fake e-challan scam in Islamabad
  • WEB DESK
  • August 2, 2026
Traffic police warn citizens against fake e-challan scam in Islamabad
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