Overview
- The Competition Commission of Pakistan authorised the intra‑group share transfer after a Phase‑I review, concluding the deal would not substantially lessen competition in Pakistan.
- The transaction covers Japan’s Lotte Co., Ltd acquiring shares in Singapore‑based Lotte Confectionery (S.E.A.) Pte. Ltd. under a share purchase agreement signed on February 4, 2026.
- The CCP found the move is a purely internal reorganisation because the target holds LotteKolson and Lotte Akhtar Beverages in Pakistan and Lotte Co., Ltd does not operate in Pakistan’s food or confectionery markets.
- Regulators assessed six product markets—pasta, gum, savoury snacks, sweet biscuits, cakes and beverages—and concluded market shares and competitive dynamics would remain unchanged.
- The commission stressed its review was limited to competition issues under the Competition Act and that other regulatory approvals or legal requirements may still be needed for the wider restructuring.