Jazz takes control of TPL InsurancePublished on: July 15, 2026 7:43 AM
Pakistan, July 15 -- Jazz International Holding Limited has completed its acquisition of TPL Insurance Limited, acquiring a 76.33% stake and control of the company following the transfer of shares on July 13, 2026.
TPL Insurance disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Tuesday. "We are pleased to inform you that the transaction has now been completed," said the company.
"Accordingly, as of July 13, 2026, pursuant to the Share Purchase Agreement entered into by and between the acquirer and TPL Corp Limited and the mandatory tender offer under applicable laws, the acquirer has acquired 76.33% of the issued share capital and control of the company, and the relevant shares have been duly transferred in t...
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