The Firm has been recognized as having the ability to resolve complex issues and to provide a fiscally efficient structure for the acquisition of shares or assets that are being privatized. The Firm has undertaken legal due diligence in connection with the proposed divestation or acquisition of strategic shareholding for more than 20 clients in companies pertaining to financial sector, pharmaceuticals, cement, steel, chemicals, oil and gas, telecommunication, energy and computer hardware and software.

The Firm has been involved in the majority of major mergers and acquisitions undertaken in Pakistan and has been involved in the restructuring of various multinational and local corporate groups.

• Counsel for the Government of Pakistan in the US$ 2.59 billion privatization of Pakistan Telecommunication Company Limited.
  
  
• Counsel for the acquirers of Karachi Electric Supply Corporation.
  
  
• Counsel for Magnitgorsk Iron and Steel Works, (the leading single-site ferrous metallurgy company in Russia) in the privatization of Pakistan Steel Mills Limited. Continuing its highly professional services to its clients, the Firm has successfully negotiated and obtained on behalf of the abandoned privatization of the Pakistan Steel Mills, the refund of the entire advance purchase price paid by its client.
  
  
• Counsel for CNODC/ Zhenhua Oil in the privatization of Pakistan Petroleum Limited.
  
  
• Counsel for one of the bidders in the privatization of Pakistan State Oils Limited.
  
  
• Counsel for the privatisation of the Sui Southern Gas Company Limited and the Sui Northern Gas Pipelines Limited.
  
  
• Counsel for the acquirers in the privatization of Millat Tractors Limited.
  
  
• Counsel for the sellers of Dawood Bank.
  
  
• Counsel for the purchasers of Union Bank.
  
  
• Counsel for the purchasers of NDLC.
  
  
• Counsel for Pfizer Corporation in the re-structuring and merger of its subsidiaries in Pakistan.
  
  
• Counsel for restructuring of the Dawood Group.
  
  
• Counsel of Premier Oil plc in the demerger of Premier-Shell Pakistan BV.
  
  
• Counsel of PKP in its demerger and re-structure.
  
  
• Counsel for Premier Oil in the proposed acquisition of a petroleum exploration and development company operating in Pakistan.

• Counsel for Tosca Fund in connection with the acquisition of substantial shareholding in Saudi Pak Bank.

• Acted for Orient Gulf Investments Limited in the acquisition of  a petroleum exploration and development company

• Acting for Ashmore Energy International in their acquisition of the majority share-holding of a power generation and water desalination project.

• Counsel for Morgan Stanley in the acquisition of shares in a financial institution of Pakistan.

• Counsel to the majority shareholder of the largest utility company of Pakistan in the partial divestiture of its interests.

• Counsel of Occidental Petroleum in the divestiture of its interests in Pakistan.

• Counsel to the largest private sector power producer in the acquisition of the super-majority shares of the first private sector hydel power project of Pakistan.

• Counsel to Al-Dorra Petroleum Services, Kuwait on their proposed investment of USD 20 million in Progas Pakistan Limited and Sheffield Engineering Company Limited and in relation to this conducted a due diligence of Progas Pakistan Limited.

• Counsel to Swissport Hellas SUD SA, Greece in their acquisition of 50% of the revised paid up capital of Swissport Pakistan Limited.

• Counsel for Deutsche Post International B.V. in its acquisition of the approx. 51% shareholding of DHL Pakistan (Private) Limited worth EUR 10 million.

• Acted for KASB Capital in their acquisition of 40% shares of Shakarganj Food Products Limited

• Acting for KASB Capital on a private equity placement in an international chemical and paint manufacturing company.

• Counsel to the shareholders of Ghani Glass Limited in the share purchase agreement with Swicorp Joussour SPV.
  
  
• Advised Aqualyng Holding AS on restructuring of its subsidiaries in Pakistan.