EC sets deadline for preliminary review of PMI bid for Swedish Match…

EU: The European Commission has set 11th October as a deadline for its preliminary review of Philip Morris International (PMI)’s $16bn takeover bid for Swedish Match, which was announced in May. The Commission will decide either to clear the deal, with or without conditions, or to move on to a four-month phase 2 investigation. ...

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      EU: The European Commission has set 11th October as a deadline for its preliminary review of Philip Morris International (PMI)’s $16bn takeover bid for Swedish Match, which was announced in May. The Commission will decide either to clear the deal, with or without conditions, or to move on to a four-month phase 2 investigation. ...

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