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Colgate-Palmolive Pakistan to acquire P&G's Port Qasim assets amid agreement
Colgate-Palmolive (Pakistan) Limited (COLG) said on Wednesday it had signed an asset purchase agreement with Procter & Gamble Pakistan (Private) Limited to acquire land, a manufacturing facility and related assets at Port Qasim, Karachi. “We are pleased to announce that the company has entered into an asset purchase agreement with Procter & Gamble Pakistan (Private) Limited on October 28, 2026,” read the notice. The transaction is subject to approval from the Competition Commission of Pakistan, the company said in its filing to the Pakistan Stock Exchange (PSX). Last year, P&G anno...
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