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The facility is located in Pakistan and produces Safeguard.
Procter & Gamble Pakistan (P&G) will sell its soap-making plant to Nimir Industrial Chemicals Limited (NICL). A purchase price was not disclosed.
The facility produces Safeguard soap and is located in Hub, Balochistan, Pakistan.
Once the transaction is finalized, the Hub facility will continue to manufacture Safeguard soap for P&G but will be owned by NICL.
Both companies have received approval from the Competition Commission of Pakistan to proceed with the transaction.
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