Philip Morris International (PMI) is in talks to buy European rival Swedish Match in an estimated $15bn deal that could affect both the oral and smoking tobacco markets.

The two groups issued statements confirming the ongoing negotiations, but declined to comment further.

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Tiziana Cauli

Senior reporter
Tiziana is an Italian journalist from Sardinia. She has worked for both international and local media in Italy, South Africa, France, Spain, the UK, Lebanon and Belgium. She also worked as a communications manager for several international NGOs in the humanitarian sector. Tiziana holds a degree in Political Science and a PhD in African Studies from the University of Cagliari and she’s a graduate of the Carlo De Martino school of journalism in Milan.

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