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.
...
Need help?
Contact a sales representative right now and don’t wait
“ PMI in negotiations to acquire rival Swedish Match for a reported $15bn ”
Buy report request information:
“ PMI in negotiations to acquire rival Swedish Match for a reported $15bn ”
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.
Get access to premium content that is normally only available for subscribers.
For the duration of a week, you can read our news analysis, identify market trends and understand upcoming changes in the industry, which will enable you to get ahead of your competitors.
By signing up you agree to our Terms and Conditions Please note trial access may take up to 24 hours to be granted as access must be qualified by a member of the TobaccoIntelligence team.