Monday, April 27 2026

KAPCO, Fauji Cement acquire 92.03% controlling stake in Attock Cement
Kot Addu Power Company Limited (KAPCO) announced on Monday that Fauji Cement Company Limited and KAPCO had successfully taken over a controlling stake (92.03%) in Attock Cement. This was announced in a notice to the Pakistan Stock Exchange today. “We would like to inform that the transaction has been executed today, i.e. on April 24, 2026, upon completion of all contractual conditions and compliance with applicable corporate and regulatory requirements, including a mandatory tender offer under the provisions of the Securities Act, 2015 and the Listed Companies (Substantial Acquisitions of Voting Shares and Takeovers) Regulations, 2017 (Takeover Laws),” the notice said.
Related news categories: business cement economic-indicators power-gen-dist psx stock-exchanges
Related symbols: acpl (news stock) fccl, (news stock) kapco, (news stock)