CRISPY

Privatization

MTC is reputed to be one of the most experienced law firm in Pakistan with respect to transactions concerning the privatization of banks and financial institutions. The experience of MTC relating to privatization transactions includes acting as part of a consortium of financial advisors to the Privatization Commission; as direct legal advisor to the Privatization Commission and also as advisor to the buyers and potential buyers of various nationalized companies.

Some of the privatization transactions handled by us in the past and/or being currently handled by our firm include:

  • Bankers Equity Limited (sell side advisory);
  • Habib Credit & Exchange Bank Limited (now Bank Alfalah Limited) (sell side advisory);
  • Allied Bank of Pakistan Limited (now Allied Bank Limited) (buy side advisory);
  • First Women Bank Limited (sell side advisory);
  • United Bank Limited (sell-side advisory);
  • Duty Free Shops (Pvt) Limited (sell side advisory);
  • Pak Arab Fertilizers (Pvt) Ltd (buy side advisory);
  • Wah Cement Limited (buy side advisory);
  • Habib Bank Limited (buy side advisory);
  • Karachi Shipyard and Engineering Works (sell-side advisory);
  • LPG Business of Sui Southern Gas Co. Limited (buy side advisory);
  • LPG Business of Sui Northern Gas Pipelines Limited (buy side advisory);
  • Hayat Hotel, Karachi property (sell side advisory);
  • Burma Oil Mills (buy side advisory);
  • GOP Working Interest in Nine Oil Concessions (buy side advisory);
  • ICP Mutual Funds (sell side advisory);
  • National Investment Trust (sell side advisory);
  • Pakistan State Oil Company Limited (buy side advisory – 1st attempt);
  • Karachi Electric Supply Corporation Limited (buy side advisory);
  • National Refinery Limited (buy side advisory);
  • Habib Bank Limited (buy side advisory);
  • Peshawar Electricity Company Limited (PESCO) (sell side advisory); and
  • Pakistan State Oil Company Limited (sell side advisory – 2nd attempt).