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CCP proposes to exempt insurance companies from pre-merger notification for certain deals

 |  January 20, 2012

The Competition Commission of Pakistan (CCP) proposes an amendment to the Competition Merger Control Regulations that would excuse insurance companies from first acquiring the CCP’s pre-merger approval under certain circumstances. If the insurance company deals in trading of shares to earn dividend income and capital gains–and not to obtain a controlling interest in the other company–then it would not need to file a pre-merger notification.

Read more on the Competition Merger Control Regulations here.