Philip Morris may lower Swedish Match offer threshold – Bloomberg News
Sept 5 – Philip Morris is considering lowering the acceptance threshold on its bid for Swedish Match, Bloomberg News reported on Monday, citing people familiar with the matter. According to Swedish law, 90% of shareholders would need to accept the offer to enable Philip Morris to acquire the remainder. However, PMI could choose to hold […]
Philip Morris may lower Swedish Match offer threshold – Bloomberg News
Sept 5 – Philip Morris is considering lowering the acceptance threshold on its bid for Swedish Match, Bloomberg News reported on Monday, citing people familiar with the matter. According to Swedish law, 90% of shareholders would need to accept the offer to enable Philip Morris to acquire the remainder. However, PMI could choose to hold […]