Philip Morris and Altria Group end merger discussions
Sept 25 - Philip Morris International Inc has abandoned merger talks with Altria Group Inc, it said on Wednesday.
“After much deliberation, the companies have agreed to focus on launching IQOS in the U.S. as part of their mutual interest to achieve a smoke-free future,” Philip Morris Chief Executive Officer André Calantzopoulos said.
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Philip Morris and Altria end merger talksThe companies also said they would focus on jointly launching an only-heated tobacco product called IQOS.
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Philip Morris and Altria end merger talksThe companies also said they would focus on jointly launching an only-heated tobacco product called IQOS.
Weiterlesen »
Juul CEO to Step Down; Philip Morris and Altria End Talks to MergeJuul CEO Kevin Burns will step down and be replaced by Altria executive K.C. Crosthwaite. Juul said it needed to focus on regulatory matters and said it would not lobby against a proposed ban on e-cigarette flavors.
Weiterlesen »
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Weiterlesen »