Major Shift in Pakistan’s FMCG Sector: Colgate-Palmolive Signs Deal to Acquire P&G’s Karachi Plant

A significant change has emerged in Pakistan’s fast-moving consumer goods (FMCG) sector, as Colgate-Palmolive has entered into an agreement to acquire Procter & Gamble’s (P&G) fully equipped manufacturing plant at Port Qasim, Karachi. The deal, announced on October 28, is still subject to final approval from the Competition Commission of Pakistan. Once approval is granted, […]