Muhammad Anis Mianoor made an intention to acquire 49.9% stake in Johnson & Phillips (Pakistan) Limited (KASE:JOPP) on November 27, 2018. Pursuant to the term of the transaction Muhammad Anis Mianoor will acquire 2.7 million shares of Johnson & Phillips (Pakistan) Limited. Muhammad Anis Mianoor currently holds 9.8% stake in in Johnson & Phillips (Pakistan) Limited. The transaction is subject to the approval from the Competition Commission of Pakistan. All regulators have approved the transaction as required by law.