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

By  |  January 20, 2012
CCP proposes to exempt insurance companies from pre-merger notification for certain deals

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.

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    Read more on the Competition Merger Control Regulations here.