Juniper International FZ LLC agreed to acquire Reon Energy Limited from Dawood Lawrencepur Limited (KASE:DLL) for PKR 300 million on March 22, 2023. The transaction is subject to approval by the members of DLL and regulatory and corporate authorities and approved by Dawood Lawrencepur Limited Board of Directors. The transaction is expected to complete on or before June 30, 2023.