Cigarette giants Altria and Phillip Morris in merger talks

0
3


Philip Morris International Inc said on Tuesday it’a in talks with tobacco company Altria Group Inc to combine in an all-stock merger.

In 2008, Altria spun off its Philip Morris International unit in a move aimed at unlocking the value of the fast growing unit.

More to come



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here