The PICIC insurance merger has been stalled due to lengthy legal proceedings – Trendy Blogger
PICIC Insurance Limited (PSX: PIL) has announced significant delays in its merger with Crescent Star Foods (Pvt.) Limited (CSF), citing pending approvals from the Sindh High Court and the Securities and Exchange Commission of Pakistan (SECP). According to a progress report filed with the PSX, the PIL merger process, which began in 2017, remains unresolved … Read more