Systems Limited signed a share purchase agreement to acquire British American Tobacco SAA Services Limited from British American Tobacco International Holdings (UK) Limited.
Published on 07/30/2025
at 09:37 am EDT - Modified on 07/29/2025
Systems Limited (KASE:SYS) signed a share purchase agreement to acquire British American Tobacco SAA Services (Private) Limited from British American Tobacco International Holdings (UK) Limited on July 29, 2025. In parallel, Techvista Systems (UAE), an associated company of Systems Limited, has signed a multi-year Master Services Agreement with Accenture (UK) Limited for the provision of AI-powered global shared services. These services will be delivered through British American Tobacco SAA Services (Private) Limited, where Techvista Systems (UAE) will act as a subcontractor. As of October 2, 2025, Competition Commission of Pakistan (CCP) has approved the proposed acquisition of SAA Services (Private) Limited by Systems Limited.
The transaction is subject approval of offer by acquirer board. The deal has been approved by the board. The completion of the acquisition will remain subject to satisfaction of conditions precedent and applicable regulatory approvals.
Systems Limited is engaged in the business of software development, trading software and business process outsourcing services. The Company’s segments include Banking Financial Services & Insurance (BFSI); Retail & Consumer Packaged Goods (CPG); Technology; Telecommunications (Telco), and Others. The BFSI segment includes activities related to banking, financial services, and insurance. The Retail & CPG segment encompasses retail operations and consumer goods. Technology segment includes technology-related solutions, products, and services. The Telco segment involves telecommunications services and technology. Its geographical segments include North America, Europe, Middle East and Africa, Asia Pacific, and Pakistan. Its services include Digital, Data & Artificial Intelligence (AI) and Cloud. It offers core insights-driven digital transformation capabilities, modernizes key systems to accelerate innovation, and provides a design-led, unified, and personalized experience.
This super rating is the result of a weighted average of the rankings based on the following ratings: Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
-
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite) and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be carried out. We recommend that you carefully review the associated descriptions.
-
Quality
Quality
This composite rating is the result of an average of rankings based on the following ratings: Returns (Composite), Profitability (Composite) and Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully read the associated descriptions.
-
ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
Systems Limited signed a share purchase agreement to acquire British American Tobacco SAA Services Limited from British American Tobacco International Holdings (UK) Limited.