2011

United Bank Limited

Acquisition by Bestway Group of majority shareholding in United Bank Limited from His Highness Sheikh Nahyan Al Mubarak Al Nahyan

2010

RBS Pakistan

Acquisition by Faysal Bank Limited of majority shareholding in Royal Bank of Scotland Limited (RBS Pakistan) from Royal Bank of Scotland PLC.

Arif Habib Bank Limited (now Summit Bank Limited)

Acquisition by Suroor Investments of majority shareholding in Summit Bank Limited from Arif Habib Group

Atlas Bank Pakistan

Acquisition by Suroor Investments of majority shareholding in Atlas Bank Limited from Atlas and Shirzai Group.

Mybank Limited

Acquisition by Suroor Investments of majority shareholding in Mybank Limited from Iqbal Ali Mohammad Group.

DEG - German Development Bank

Sale of 25% shareholding by DEG in Atlas Bank Limited to the Shirazi Group

GlaxoSmithKline Pharmaceutical and Bristol Myers Squibb

Acquisition by SR One International (subsidiary of GlaxoSmithKline PLC) the entire shareholding of Bristol Myers Squibb Pakistan (Private) Limited from Bristol Myers Squibb, USA

GlaxoSmithKline Pharmaceutical and Stiefel Pharmaceuticals

Acquisition by SR One International (subsidiary of GlaxoSmithKline PLC) of the entire shareholding of Stiefel Laboratories Pakistan Limited from Stiefel Laboratories

Citibank N.A

Acquisition by Habib Bank Limited of the entire credit card portfolio from Citibank N.A. Pakistan

Sale by Citibank N.A. of the entire mortgage portfolio to Bank Islami Pakistan Limited

Saudi Pak

Sale by Saudi Pak Investment of the majority shareholding in Saudi Pak Commercial Bank Limited to consortium of IFC, Nomura and Bank Muscat and Mr. Shaukat Tarin

RBS & Faysal Bank Limited

Merger of Royal Bank of Scotland Limited (RBS Pakistan) with and into Faysal Bank Limited.

Atlas Bank Limited & Summit Bank Limited

Merger of Atlas Bank Limited with and into Summit Bank Limited

Mybank Limited & Summit Bank Limited

Merger of My Bank Limited with and into Summit Bank Limited

GSK & Bristol Myers Squibb

Merger of Bristol Myers Squibb Pakistan with and into GlaxoSmithKline Pakistan Limited

GSK & STIEFEL Laboratories

Merger of Stiefel Laboratories with and into GlaxoSmithKline Pakistan Limited

Emirates Global Islamic Bank Limited & Al Baraka Pakistan Limited

Merger of Emirates Global Islamic Bank Limited with and Al Baraka Islamic Bank B.S.C.

KASB Bank & KASB Capital

Merger of KASB Capital with and into KASB Bank Limited

The firm has always actively assisted the Corporate and Banking Regulators, being the State Bank of Pakistan and the Securities and Exchange Commission of Pakistan, with the framing and drafting of news Las and advised stakeholders, such as the Pakistan Banks Association, in respect of the same

In 2010, the firm was involved in drafting, negotiating and advising on the following laws:

• Corporate Rehabilitation Act, 2011
• Banking Act, 2011
• Securities and Exchange Commission Act, 2011

ORASCOM (Egypt)

Obtaining new banking license from the State Bank of Pakistan to establish a new Microfinance Bank called Waseela Microfinance Bank Limited

TCS

Obtaining a new banking license from the State Bank of Pakistan to establish a new Microfinance Bank called TCS Microfinance Bank Limited

Energy

Zorlu Enerju Pakistan Limited – Wind Power Plant

Establishment of a 56.4MW wind power plant in Jhimpir, Thatta.

Azur Solar - GmbH

Establishment of a solar power project in Pakistan

Power Generation Systems Pakistan

Revival of 180MW thermal power project in Punjab established by Power Generation Systems Pakistan Limited

Infrasturcture Projects

Government of Sindh - Hyderabad to Bain Road Project

100 km highway being constructed from Hyderabad to Badin in Sindh, Pakistan

The Firm is well known for acting regularly for its clients in obtaining premerger approvals from the Competition Commission of Pakistan. The key Pre-Merger Approvals obtained in 2010 include:

Merger

RBS & Faysal Bank Limited

Merger of Royal Bank of Scotland Limited (RBS Pakistan) with and into Faysal Bank Limited.

Atlas Bank & Summit Bank Limited

Merger of Atlas Bank Limited with and into Summit Bank Limited.

My Bank Limited and Summit Bank Limited

Merger of My Bank Limited with and into Summit Bank Limited.

Bristol Myers Squibb & GlaxoSmithKline Pakistan

Merger of Bristol Myers Squibb Pakistan with and into GlaxoSmithKline Pakistan Limited.

Stiefel Laboratories and GlaxoSmithKline Pakistan

Merger of Stiefel Laboratories with and into GlaxoSmithKline Pakistan Limited

Emirates Global Islamic Bank Limited and Al Baraka Pakistan Limited

Merger of Emirates Global Islamic Bank Limited with and Al Baraka Islamic Bank Pakistan Limited.

Acquisitions

United Bank Limited

Acquisition by Bestway Group of majority shareholding in United Bank Limited from His Highness Sheikh Nahyan Al Mubarak Al Nahyan.