ABS & Co advises on sale of equity stake in Quetta Gladiators

We’ve advised the owners of Quetta Gladiators on a partial sale of their equity stake in the PSL franchise to a Qatar-owned entity.

ABS & Co, led by Samar Masood, acted as transaction advisors for the acquisition of shares by JTA Int’l Investments in Quetta Gladiators. The transaction marks the first ever acquisition of any PSL team by a foreign company. The deal was announced in a ceremony conducted at the Pearl-Continental Hotel in Lahore ahead of the 9th edition of the Pakistan Super League (PSL).

Quetta Gladiators owner Nadeem Omar, Sohail Omar, JTA International Investment CEO Dr Amir Ali Salemi, Chairman Advisory Board Dr Saeed Golkar and PSL Commissioner Naila Bhatti were present on the occasion. Nadeem Omar thanked JTA International Investment for joining hands with the Gladiators for the PSL coming season.

The legal team from ABS & Co included Samar Masood, Manahil Gilani and Ena Murakami.

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