PSX Fixes Rs700 Buyback Price for Gillette Pakistan Delisting Application
Pakistan Stock Exchange’s Voluntary Delisting Committee sets Rs700 per share as the minimum buyback price for Gillette Pakistan, far above the sponsor’s offer of Rs216.49.
Procter & Gamble to Exit Direct Operations in Pakistan, Shift to Distributor Model
Procter & Gamble will wind down direct operations in Pakistan, including Gillette Pakistan, and shift to a third-party distributor model as part of a global strategy to optimize growth while continuing to serve local consumers.