Nishat Hotels & Properties Limited, part of the esteemed Nishat Group, publicly expressed its firm intention on May 14, 2025, to acquire up to 75.69% of Rafhan Maize Products Company Limited (RMPL), in a landmark buy-side transaction. In this high-stakes acquisition bid, Dada Partners is acting as a trusted strategic advisor, guiding Nishat Hotels through the complexities of the process—structuring the approach, liaising effectively with relevant stakeholders, and positioning the offer to maximize alignment with regulatory and market expectations.
Amid mounting financial pressures—including a sharp downgrade to a “BB-” long-term rating by VIS in April 2024, driven by operational disruptions and constrained liquidity—and successive quarterly losses as interest expenses and economic headwinds weighed heavily on performance, Agha Steel commenced debt restructuring negotiations with its lenders to stabilize operations and shore up liquidity. In this critical phase, Dada Partners acted as a valued strategic advisor, guiding Agha Steel through a comprehensive debt realignment initiative—designing refinancing, repricing, or rescheduling solutions to ease interest burdens and restore financial flexibility, while also facilitating dialogue between the company, lenders, and regulators to preserve production continuity and the company’s operational viability.
Dada Partners acted as the sell-side advisor to Gas & Oil Pakistan Ltd. (GO) in the transaction in which Saudi Aramco acquired a 40% equity stake—marking its first downstream retail investment in Pakistan. GO, a diversified downstream operator with over 1,200 fuel stations, robust storage capacity, and active operations in fuels, lubricants, and convenience retail, has roots dating back to modest fuel sales in the 1960s. It became a licensed Oil Marketing Company in 2012 and earned a rare permanent OGRA license in 2019. The acquisition—for which Aramco signed definitive agreements in December 2023 and completed the deal by May 31, 2024—enables Aramco to expand its refined products and Valvoline-branded lubricants into Pakistan through GO’s extensive network, aligning with its global downstream expansion strategy.
Dada Partners acted as a trusted strategic advisor to Amreli Steels Limited, guiding its comprehensive debt restructuring initiative. They designed a sustainable plan to realign the company’s liabilities—through refinancing, repricing, or rescheduling with financial institutions—to reduce interest burden and stabilize liquidity. Additionally, Dada Partners served as a bridge with lenders and regulators to secure consensus on restructuring terms, maintain operations, and uphold production viability amid a challenging economic climate.