Might 09, 2025 (MLN): The Competitors Fee of Pakistan (CCP) has granted approval for the proposed merger of eight single-member retail corporations into Stylo (Personal) Restricted.

The authorised transaction consolidates AR Company, Khadija Enterprises, Khushi Associates, Fatima Hussain Enterprises, Massab Enterprises, Laiba Company, Muhammad Umer Merchants, and Munawar Hussain Associates with and into Stylo (Pvt.) Restricted—considered one of Pakistan’s main retailers of footwear, attire, and style equipment.

The merger is a part of an inside company restructuring and can be executed by means of share swaps, with new shares of Stylo issued to shareholders of the merging entities.

CCP’s evaluation discovered that the transaction constitutes a horizontal merger; nevertheless, given the intra-group nature and customary possession, the transaction doesn’t contain any change in market management or enterprise technique.

Stylo and the merging corporations collectively maintain a modest market share throughout related product markets of footwear, attire, fragrances, and equipment, which stays unchanged post-merger.

The Fee concluded that the merger is unlikely to boost any competitors issues or end result within the creation or strengthening of a dominant place.

It’s, due to this fact, authorised below Part 31 of the Competitors Act, 2010.

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Posted on: 2025-05-09T16:18:38+05:00

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