
Fauji Cement Company Limited and Kot Addu Power Company Limited (KAPCO) have jointly launched a public offer to acquire shares and control of Pakistan’s Attock Cement Ltd. Attock has about 5% market share in the country with 4.3 Mta capacity and one cement plant. Both acquirers will hold equal stakes under the transaction, each acquiring approximately 42.03% of the company through the agreement. No minimum acceptance level has been set, meaning the offer will proceed regardless of the number of shares tendered.
