Philip Morris International said Thursday it had increased its offer for smokeless tobacco company Swedish Match, as the US group looks to steer away from its traditional cigarette business. Philip Morris hiked its offer from 106...
Philip Morris has offered concessions to address EU antitrust concerns over its $16 billion bid for tobacco and nicotine products maker Swedish Match, a European Commission filing showed on Wednesday. The EU competition enforcer did not...
Philip Morris is not considering withdrawing its offer for Swedish Match despite deteriorating global economic conditions and has "options on the table" including holding a majority stake, its CEO told Reuters. The IQOS maker in May...
European Union antitrust regulators have set Oct. 11 as a deadline for their preliminary review of Philip Morris International's $16 billion (£14bn) bid for tobacco and nicotine products maker Swedish Match, a European Commission filing showed...
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