Practice Area

Mergers and Acquisitions

Overview

Expert Pakistani lawyers providing end-to-end M&A legal services, including due diligence, deal structuring, regulatory approvals, and post-merger integration.

Overview

Our Mergers and Acquisitions practice provides end-to-end legal support for domestic and cross-border transactions in Pakistan. We help clients structure deals, conduct due diligence, negotiate terms, obtain regulatory approvals, and manage post-merger integration in compliance with Pakistani law.

Expertise

  • Due diligence and risk assessment under Companies Act 2017 and regulatory frameworks
  • Deal structuring, representations and warranties, and disclosure schedules
  • Takeover and acquisition regulatory compliance, including SECP Takeover Regulations 2016
  • Competition law and CCP approvals for mergers and combinations
  • Tax considerations, cross-border structuring, and cross-border M&A compliance
  • Post-merger integration, employment, and IP/contractual matters

Approach

We work closely with clients to tailor a pragmatic, risk-based strategy, with a focus on speed, regulatory adherence, and value creation.

We advise on all aspects of these transactions starting from front-end strategic planning and structuring to managing the deal through execution and closing. Since we work in cross-disciplinary teams as part of our philosophy, we draw on the experience of lawyers from different practice groups which includes employee benefits and executive compensation, procurement, labor, data privacy and cybersecurity, litigation, real estate, and tax to provide comprehensive due diligence and integrated transaction structures and advice. Our lawyers have extensive transaction experience in many industries and stay abreast of the current legal environment and market practices. 

Industries

Financial services, manufacturing, technology, energy, and consumer goods (subject to regulatory constraints).

Frequently Asked Questions

Due diligence in Pakistan includes reviewing corporate records, contracts, employment, taxation, compliance with the Companies Act 2017, regulatory licenses, title to assets, litigation, and potential liabilities, with a focus on risk identification and disclosure for the share or asset purchase agreement.

Key approvals may include the SECP Takeover Regulations for public companies, the Competition Commission of Pakistan for mergers and combinations that may affect competition, regulatory approvals as applicable, and tax and banking/foreign exchange considerations from the Federal Board of Revenue and State Bank of Pakistan.

Timeline depends on deal complexity, regulatory approvals, and diligence scope. A typical public company transaction may range from several weeks to several months, with private deals often completing faster once due diligence and approvals are aligned.

Key considerations include representations and warranties, covenants on completion and post-completion obligations, price adjustment mechanisms, disclosure schedules, regulatory compliance clauses, IP, employment and non-compete clauses, and termination rights under applicable Pakistani law.

Consider capital gains tax, stamp duty, withholding taxes, potential VAT implications, and post-merger integration requirements, including statutory filings, changes in ownership with the SECP, and ongoing regulatory reporting.

Our retainership is based on project scope, duration, and complexity. We provide a transparent, customized proposal after initial assessment of your case. We charge a very nominal market competitive and modest fee for our professional services.