Philip Morris International (PMI) now owns 93.11% of shares in Swedish Match, meaning it can now begin the process of taking the company off the stock market and making it a wholly-owned PMI subsidiary – in line with predictions previously published by TobaccoIntelligence.

PMI had to reach a threshold of 90% share ownership in order to force compulsory purchase of the remaining shares under Swedish law.

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      Philip Morris International (PMI) now owns 93.11% of shares in Swedish Match, meaning it can now begin the process of taking the company off the stock market and making it a wholly-owned PMI subsidiary – in line with predictions previously published by TobaccoIntelligence.

      PMI had to reach a threshold of 90% share ownership in order to force compulsory purchase of the remaining shares under Swedish law.

      ...

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      Need help?

      Contact a sales representative right now and don’t wait

      Erik Galavis
      +34 654 320 547
      Email Erik