Alpha Cement to acquire around 84% of ACPL, submits PAI via AHL

MG News | June 03, 2025 at 11:34 AM GMT+05:00

0:00

June 03, 2025 (MLN): To acquire 84.06% shares of Attock Cement Pakistan Limited (PSX: ACPL), Arif Habib Limited (PSX: AHL), acting as the Manager to the Offer (MTO), has submitted the Public Announcement of Intention (PAI) on behalf of Alpha Cement Company Limited (the Acquirer), the company's filing on PSX revealed today.

The principal line of business for Alpha Cement is to produce, manufacture, prepare, treat, process, refine, and deal in all kinds of cement and its allied products.

Similarly, Attock Cement operates in the same line of business, focusing on the manufacturing and sale of cement.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	158,037.37 890.89M	0.05% 83.90
ALLSHR	96,918.34 2,045.86M	0.18% 177.13
KSE30	48,251.36 357.58M	0.11% 52.42
KMI30	233,948.68 276.44M	0.54% 1254.51
KMIALLSHR	65,212.78 1,050.56M	0.29% 185.64
BKTi	42,241.62 180.36M	-0.58% -247.94
OGTi	31,896.41 42.35M	0.37% 117.05

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	115,450.00	117,795.00 115,220.00	-2320.00 -1.97%
BRENT CRUDE	66.66	67.57 66.44	-0.78 -1.16%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.55 -0.65%
ROTTERDAM COAL MONTHLY	94.00	0.00 0.00	0.15 0.16%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	62.36	63.35 62.20	-0.90 -1.42%
SUGAR #11 WORLD	16.18	16.32 16.01	0.08 0.50%