Sea Link Group takes 80.5% control of Pakistan's PICT from ICTSI

What's the deal? Sea Link Group & Associates, including Euroasia Terminals (Pvt.) Limited, has acquired 87,893,036 shares of Pakistan International Container Terminal Limited (PICT). That stake represents 80.52% of the company's issued share capital and hands the buyer control.

How it happened: PICT's board approved the transfer of 87,003,949 shares through a Share Purchase Agreement between Sea Link Group and ICTSIDealroom has a profile for this one. Try Dealroom → Limited (Bermuda), plus 889,087 shares via a public tender offer. As of July 21, 2026, the shares were transferred to the acquirer.

Who's involved? PICT operates a container terminal at Karachi port. The seller, ICTSIDealroom has a profile for this one. Try Dealroom →, is an international port operator; Sea Link Group's associates include terminal operator Euroasia Terminals.

The signal: The deal shifts majority ownership of a key Pakistani port asset from a foreign operator to a local-led group, consolidating control of Karachi's container handling capacity.

Read more: Mettis Global