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Philip Morris increases bid for Swedish Match and buys US rights to IQOS

October 20, 2022 by wp1230

WSJ News ExclusiveBusiness

Tobacco giant pays $2.7 billion to recover US rights to Altria’s IQOS heated tobacco products

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Categories Business Tags Altria, Altria Group, Asset management, Bid, Billy Gifford, Business/Industrial News, Buys, Cigarettes, consumer goods, effects, Elliott Management, Financial Investment Services, Financial services, for Business, FUND, increases, industrial news, Investing/Securities, IQOS, Jacek Olczak, kwexclusive, MA, match, Morris, p.m, Philip, Philip Morris International, Portfolio/Fund/Asset Management, Rights, SE:SWMA, Swedish, Swedish match, SWMA.SK, synd, to invest, Tobacco products, wallet, WSJ-PRO-WSJ.com, wsjcorp

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