Philip Morris not planning to drop Swedish Match bid – CEO
GDANSK|LONDON — Philip Morris is not considering withdrawing its offer for Swedish Match despite deteriorating global economic conditions and has “options on the table” including holding a majority stake, its CEO told Reuters. Marlboro-maker Philip Morris in May offered to buy the Stockholm-based company in a bet on the fast-growing market for cigarette alternatives. By […]
Philip Morris not planning to drop Swedish Match bid – CEO
GDANSK|LONDON — Philip Morris is not considering withdrawing its offer for Swedish Match despite deteriorating global economic conditions and has “options on the table” including holding a majority stake, its CEO told Reuters. Marlboro-maker Philip Morris in May offered to buy the Stockholm-based company in a bet on the fast-growing market for cigarette alternatives. By […]