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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“ PMI in negotiations to acquire rival Swedish Match for a reported $15bn ”
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“ 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.
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