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23/12/2025

📰 PIA Auction Concludes as Arif Habib-Led Group Secures Winning Bid

Pakistan International Airlines (PIA) has taken a major step toward privatization after a consortium led by the Arif Habib Group emerged as the top bidder in a government-held auction. The group secured the deal with a Rs135 billion offer, narrowly surpassing competing bids.

The auction was conducted under a transparent process in Islamabad and marked one of Pakistan’s most significant privatization efforts in decades. With this move, the government aims to reduce financial pressure on the national carrier and introduce private-sector efficiency into airline operations.

As part of the agreement, the Arif Habib–led consortium will acquire a majority ownership stake, giving it operational control, while the state will retain a minority share. Officials believe this decision could help stabilise PIA, improve service quality, and restore confidence in the airline’s future.

This development is being viewed as a crucial milestone in Pakistan’s broader economic reform and restructuring agenda.

News Source: Dawn News

Disclaimer:
This content is for informational purposes only. The image is AI-generated and used for illustrative reference. News summary is independently written based on reporting by Dawn News.

22/12/2025

Warner Bros Bidding War Fuels Holiday Rush for Dealmakers

A surge in major mergers and acquisitions has turned the holiday season into a working period for bankers, lawyers, and advisers across global financial hubs, as a red-hot M&A market shows no signs of slowing.

According to Dealogic data, more than $463 billion worth of deals have been announced this month alone — a 30% increase compared to last year. High-profile transactions include IBM’s $11 billion acquisition of Confluent, Trump Media & Technology Group’s $6 billion merger with TAE Technologies, and an intense bidding battle involving Paramount, Skydance, and Netflix for Warner Bros Discovery.

With deadlines approaching and competition heating up, deal teams from Wall Street to London’s Canary Wharf are keeping laptops close — even during Christmas. Legal and financial advisers say many vacations are being cut short as companies push to finalize deals before year-end.

Paramount recently revised its $108.4 billion hostile bid for Warner Bros, extending the deadline to January 21. The offer is backed by RedBird Capital Partners, whose founder Gerry Cardinale confirmed that teams will continue working through the holidays to convince shareholders of the deal’s value.

Industry leaders say the momentum reflects a shift in corporate mindset. After years of caution driven by trade wars, inflation, and regulatory pressure, boards are now more willing to pursue bold acquisitions, helped by reduced antitrust scrutiny and strategic urgency.

Morgan Stanley’s global head of M&A, John Collins, noted that deal activity is broad-based across sectors, while Citi executives reported their busiest November in years.

Globally, M&A activity has crossed $4.8 trillion in 2025, making it the second-strongest year on record, trailing only the 2021 boom fueled by low interest rates and pandemic-era stimulus.

Looking ahead, advisers believe the deal pipeline for early 2026 is exceptionally strong, with some predicting activity levels that could rival the historic highs seen four years ago.

Source: Reuters | Reporting: Dawn Kopecki (New York), Charlie Conchie & Anousha Sakoui (London) | Editing: Rod Nickel

Disclaimer: This content is for informational purposes only. Images, if used, may be AI-generated and are for reference only.

22/12/2025

𝐁𝐫𝐞𝐧𝐝𝐨𝐧 𝐌𝐜𝐂𝐮𝐥𝐥𝐮𝐦 𝐎𝐩𝐞𝐧 𝐨𝐧 𝐄𝐧𝐠𝐥𝐚𝐧𝐝 𝐅𝐮𝐭𝐮𝐫𝐞 𝐀𝐟𝐭𝐞𝐫 𝐀𝐬𝐡𝐞𝐬 𝐒𝐞𝐭𝐛𝐚𝐜𝐤

England head coach Brendon McCullum has made it clear he wants to continue leading the national team, but admits the final decision about his future is out of his hands after England’s crushing Ashes defeat in Australia.

Despite being contracted until the 2027 ODI World Cup, McCullum acknowledged that England’s struggles — including going 3-0 down inside three Tests — will invite scrutiny from the England and Wales Cricket Board (ECB).

“It’s a pretty good gig. It’s good fun,” McCullum said.
“I don’t do anything to protect the job. It’s about getting the best out of people.”

Captain Ben Stokes, who is also contracted until 2027, has publicly backed continuing in his role, saying he “absolutely” wants to remain England captain. However, both futures may ultimately be decided by ECB managing director Rob Key, who is set to face media questions in Melbourne ahead of the Boxing Day Test.

McCullum, appointed in 2022, initially transformed England’s Test side with 10 wins in his first 11 matches, but momentum has slowed. England have since won 15 and lost 16 of their last 33 Tests, failing to win marquee series against Australia or India.

The defeat in Adelaide also extended England’s winless Test run in Australia to 18 matches, with the threat of a 5-0 Ashes whitewash looming — something that has only happened three times before to England.

Selection changes could be on the cards for the fourth Test at the MCG, with Ollie Pope under pressure and decisions pending on the pace attack and spin options. However, McCullum ruled out calling in outside reinforcements.

“We’re not the finished article, but we’ve improved as a cricket team,” McCullum said.
“Now’s the time to show our identity and try to salvage something.”

Whether England can respond under pressure — and whether McCullum’s bold philosophy still has the dressing room’s full backing — will be tested in the final two Tests.

𝐷𝘪𝑠𝘤𝑙𝘢𝑖𝘮𝑒𝘳: 𝑇𝘩𝑖𝘴 𝘤𝑜𝘯𝑡𝘦𝑛𝘵 𝘪𝑠 𝑓𝘰𝑟 𝑖𝘯𝑓𝘰𝑟𝘮𝑎𝘵𝑖𝘰𝑛𝘢𝑙 𝑝𝘶𝑟𝘱𝑜𝘴𝑒𝘴 𝘰𝑛𝘭𝑦.
𝙎𝒐𝙪𝒓𝙘𝒆: 𝘽𝑩𝘾 𝙉𝒆𝙬𝒔

21/12/2025

🏆 PAKISTAN ARE CHAMPIONS! 🇵🇰✨

Pakistan’s Under-19 team has once again proven why they are among the finest cricketing nations in the world, clinching the U19 Asian Championship title with a dominant and disciplined performance in the final.

From solid batting partnerships to fearless stroke play, and from lethal pace spells to intelligent spin bowling — this was a complete team effort. Pakistan controlled the game from start to finish, showing maturity beyond their age on the biggest stage.

🔥 Match Highlights:
• Composed batting display under pressure
• Strong partnerships at the top and middle order
• Clinical bowling performance restricting the opposition
• Sharp fielding and game awareness throughout

💚 Star Performers:
Several young stars stepped up on the big day, delivering match-defining performances with both bat and ball, showcasing Pakistan’s bright cricketing future.

This victory is not just a trophy — it’s a statement. The future of Pakistan cricket is safe, strong, and shining 🌟

🇵🇰 Congratulations to the players, coaching staff, and every Pakistani fan around the world!

21/12/2025

Pakistan U19 put on an impressive performance today! 🌟
Sameer Minhas starred with a brilliant 69 runs*, holding the innings together. Usman Khan added 27 runs, and Ahmed Hussain finished strong, guiding Pakistan to a comfortable win with just 2 wickets down.

Earlier, Pakistan posted a solid total of 241/9 with good contributions from Ahmed Hussain (65) and Sameer Minhas (44), helping the team stay on top throughout the game.

📊 Score Highlight:
• Pakistan U19: 122/2
• Bangladesh U19: 121 all out
Result: Pakistan U19 won by 8 wickets! 🎉

Young talents like these are showing that Pakistan’s cricket future is bright! 🔥🇵🇰

21/12/2025

Pakistan 🇵🇰 are 276/3 after 40 overs,
putting on a batting masterclass against a strong opposition. Solid partnerships, calm temperament, and aggressive stroke-play have kept the scoreboard ticking at an impressive rate 🔥

With wickets in hand and momentum firmly on their side, the final overs promise fireworks as Pakistan’s young stars continue to shine on the big stage ⭐🇵🇰

21/12/2025

Renegades 🆚 Hurricanes 🔥
8th Match | Big Bash League | Geelong
📅 Dec 21, 2025

A thrilling contest awaits as Melbourne Renegades face Hobart Hurricanes in BBL action! 💥
Who are you supporting tonight? 👀👇

21/12/2025

What a moment for Pakistan U19! 💚
Sameer Minhas smashes a brilliant CENTURY and is still batting strong, putting Pakistan in a commanding position against arch-rivals India. 💯🔥

Pride, passion, and pure class on the big stage!

📲 Follow Ibnekhanlive for live updates & match highlights.

20/12/2025

The United States has seized another sanctioned vessel in international waters near Venezuela, marking the second such operation this month. According to US officials, the Coast Guard led the mission after President Donald Trump announced a “blockade” on sanctioned oil tankers linked to Venezuela.

Washington accuses President Nicolás Maduro of using illicit oil shipments to finance criminal activities—claims Venezuela strongly denies. Caracas has previously called these actions an attempt to steal its oil resources.

The move comes amid an increased US military presence in the Caribbean and growing scrutiny from Congress over recent operations in the region.

Disclaimer: This content is for informational purposes only. Image is AI Generated and is just for reference.

20/12/2025

BBL 15: Babar Azam Shines as Sixers Dominate Sydney Derby

Babar Azam delivered a classy half-century as Sydney Sixers crushed Sydney Thunder by 47 runs in a one-sided Sydney Derby in BBL 15.

After being asked to bat, the Sixers posted a strong 198-run total, built on a commanding 140-run partnership between Babar Azam and Josh Philippe. Babar found his rhythm after two low scores, registering his first BBL fifty with a composed 58 off 42 balls, including five fours and two sixes.

Josh Philippe provided aggressive support, keeping the pressure firmly on Thunder’s bowlers and setting up a challenging target.

The Sixers’ dominance continued with the ball as Jack Edwards produced a match-winning spell, claiming five wickets to dismantle Thunder’s chase. Early breakthroughs put Thunder on the back foot, and despite brief resistance, they were bowled out for 151.

Winning Cause:
👉 Solid top-order batting led by Babar Azam
👉 Explosive support from Josh Philippe
👉 Devastating bowling performance by Jack Edwards (5 wickets)

Sydney Sixers sealed their first win of BBL 15 in emphatic fashion.

Disclaimer: This content is for informational purposes only. Image is AI Generated and is just for reference.

20/12/2025

Punjab Govt Announces Strict Anti-Littering Drive from Jan 1

The Punjab government will roll out a province-wide crackdown on littering starting January 1, introducing tough penalties to curb public garbage disposal.

Under the new enforcement, violators may face hefty fines ranging from Rs. 50,000 to Rs. 500,000, along with imprisonment from three to seven years, depending on the nature of the offence.

Burning garbage will attract fines of up to Rs. 500,000 and three years in jail, while burning tires could result in up to seven years of imprisonment.

Strict action will also be taken against dumping household or commercial waste, disposing garbage into drains, and throwing animal remains, all of which carry significant fines.

Special monitoring teams will be deployed across residential, commercial, industrial areas and main streets to ensure full compliance with the new rules.

20/12/2025

🇧🇩 Bangladesh Cricket Schedule 2026 – Full Fixtures 🏏

A blockbuster year awaits as the Tigers gear up for a thrilling 2026!
🔥 Pakistan (Tests, ODIs & T20Is)
⚡ New Zealand (ODIs & T20Is)
💥 Australia (ODIs & T20Is)
🧪 Zimbabwe (Tests & T20Is)

Big challenges, big rivalries, and non-stop cricket action ahead!
Stay connected with ibnekhanlive for complete coverage, updates & analysis.

🏏🔥

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