Philip Morris and Altria in merger negotiations
Marlboro maker Philip Morris International Inc. is in talks to reunite in a merger with Altria Group Inc., as the tobacco giants seek to pool resources in the fast growing e-cigarette market. The merger of the two companies would be the biggest ever in the consumer sector and the fourth-largest deal of all time; it would also create a tobacco giant with a market capitalisation of about USD 200 billion.
Related news
Philip Morris to build nicotine pouch production facility in Aurora
Philip Morris International announced plans last week to invest $600…
Read more >The GVH cracked down on illegal e-cigarettes
The Economic Competition Office (GVH) imposed a HUF 189 million…
Read more >Weird rules now apply to e-cigarettes
As of July 1st, new legislation came into effect in…
Read more >Related news
Rossmann has exploded onto the e-commerce top list
Rossmann is included for the first time in the 2024…
Read more >75 years of passion, performance and innovation – Shell and Scuderia Ferrari celebrate HP’s iconic partnership worldwide
This year, Shell celebrates the 75th anniversary of its legendary…
Read more >The country’s first indoor antenna system, which provides access to the 5G networks of all three mobile providers, was inaugurated in Allee
The multi-carrier indoor network is unique in the country, and…
Read more >