Business

Citi Pharma Expands Footprint with Acquisition of Lahore-Based Pharmaceutical Manufacturer

Citi Pharma Limited has announced a major expansion move by planning to acquire 100 percent shareholding of Pakheim International Pharmaceuticals (Private) Limited, a Lahore-based medicine manufacturer. The acquisition is part of the company’s broader strategy to strengthen its position in Pakistan’s growing pharmaceutical sector. According to a notice submitted to the Pakistan Stock Exchange, the…

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Foods

Crescent Star Foods to Merge with PICIC Insurance Following Court Approval

Crescent Star Insurance Limited has announced a significant corporate development after the Sindh High Court approved a scheme of arrangement for the merger of its subsidiary, Crescent Star Foods Pvt Ltd, into PICIC Insurance Limited. The update was formally disclosed through a notice submitted to the Pakistan Stock Exchange. Under the court-approved plan, Crescent Star…

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