The Securities and Exchange Commission of Pakistan (SECP) has completed consultations with stakeholders for making amendments to company takeover regulations of 2008 and will now start finalising changes to the rules.
The last roundtable on the subject was held in Karachi with representatives from the corporate sector.
The meeting discussed introduction of chain acquisition principle, takeover fee, clarification on negotiated weighted price among other issues.
Published in The Express Tribune, December 14th, 2011.
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