Pakistan’s largest listed software company, Systems Limited (SYS), has approved the acquisition of British American Tobacco SAA Services (Pvt) Ltd from BAT International (UK).
The target company provides IT-enabled shared services in marketing, human resources (HR), finance, procurement, and related sectors. The acquisition aligns with SYS’s Business Process Outsourcing (BPO) strategy.
As part of its international expansion, SYS’s affiliated company Techvista Systems (UAE) has signed a multi-year Master Services Agreement with Accenture (UK). Under the agreement, Techvista will deliver AI-powered global shared services through the newly acquired platform.
The acquisition will have to be approved by regulators and close according to their terms. Systems Limited is a stock ticker SYS on the Pakistan Stock Exchange (PSX).
Systems Limited in Pakistan is an attempt to expand its presence on an international level and boost a BPO and digital services business.
