Jazz International to acquire TPL Insurance

MG News | December 16, 2025 at 02:40 PM GMT+05:00

0:00

December 16, 2025 (MLN): Jazz International Holding Limited has officially confirmed its intention of acquisition of shares and control of TPL Insurance Limited, replaces VEON Group Holding Company Ltd and its affiliates as the acquiring entity.

Arif Habib Limited, acting as the Manager to the Offer, submitted the addendum on behalf of Jazz International Holding Limited, according to the company's statement issued today.

According to the addendum, the acquisition of TPL Insurance shares and control will now proceed with Jazz International Holding Limited, in concert with Pakistan Mobile Communications Limited, under the framework of the Securities Act 2015 and the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017.

The addendum is scheduled to be published in Business Recorder and Nawa-i-Waqt on December 17, 2025.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	170,672.04 445.22M	0.89% 1498.66
ALLSHR	102,034.89 1,183.13M	0.89% 901.14
KSE30	51,809.61 215.26M	1.15% 591.24
KMI30	244,986.87 146.15M	1.11% 2692.35
KMIALLSHR	66,123.66 456.32M	1.13% 736.83
BKTi	48,171.04 144.41M	1.14% 545.15
OGTi	35,705.20 10.10M	1.47% 516.25

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	78,110.00	79,095.00 77,690.00	-125.00 -0.16%
BRENT CRUDE	105.88	107.48 103.41	0.81 0.77%
RICHARDS BAY COAL MONTHLY	104.00	104.00 104.00	-1.05 -1.00%
ROTTERDAM COAL MONTHLY	103.50	106.70 102.75	-2.00 -1.90%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	94.88	97.85 92.68	-0.97 -1.01%
SUGAR #11 WORLD	14.10	14.16 13.87	0.21 1.51%