Clover Pakistan Limited (KASE:CLOV) agreed to acquire Hascombe Business Solutions (Private) Limited for PKR 3.3 billion on September 18, 2018. Under the terms of the transaction, 15.48 million shares of Clover Pakistan Limited shall be issued to shareholders of Hascombe Business Solutions (Private) Limited based on a swap ratio of approximately 6.06 shares of Clover Pakistan Limited for every 1 share of Hascombe Business Solutions (Private) Limited. The transaction is subject to obtaining all necessary shareholders, creditors and regulatory approvals and the sanction of the scheme by the High Court. The transaction was approved by the Board of Directors of Clover Pakistan Limited. Deloitte Yousuf Adil acted as an accountant for Clover Pakistan Limited. Clover Pakistan Limited (KASE:CLOV) cancelled the acquisition of Hascombe Business Solutions (Private) Limited on September 18, 2019.