KARACHI, Oct. 2 -- Gillette Pakistan announced on Thursday it would evaluate a potential delisting from the Pakistan Stock Exchange following its parent company Procter & Gamble's (P&G) decision to discontinue operations in the country under a global restructuring programme.

In a stock filing, the company said its board would soon meet to assess steps required for winding down the business, including possible delisting.

P&G separately confirmed that it will phase out its manufacturing and commercial activities in Pakistan, shifting to third-party distributors to serve local customers. "We will continue to operate the business in the ordinary course until the process is complete, which may take several months," the company said in a stat...