Pakistan, May 7 -- The Competition Commission of Pakistan (CCP) has officially approved Secure Logistics Group Ltd. (SLGL) to fully acquire Trax Online (Pvt.) Ltd., a growing e-commerce logistics firm, under a Share Purchase Agreement (SPA). The transaction marks a major development in Pakistan's fast-evolving logistics and digital commerce landscape.

Both parties submitted a pre-merger application, and after detailed assessment, the CCP identified the relevant product market as courier and e-commerce logistics services. The watchdog classified the deal as a conglomerate merger, meaning there are no direct overlaps in the companies' core business operations. It concluded that the acquisition will neither reduce competition nor result in ...