Gillette Pakistan to consider delisting as part of P&G restructuring

Gillette Pakistan GLPL said on Thursday it would evaluate a potential delisting following a decision by its parent Procter & Gamble PG to discontinue its business in Pakistan as part of the consumer product group's global restructuring programme.

Gillette Pakistan plans to convene a board meeting shortly to evaluate the actions required for this business discontinuation including the potential de-listing from the Pakistan Stock Exchange, the company said in a filing.