Philip Morris: latest retail news and insights | ESM Magazine

Activist Investor Elliott Raises Stake In Swedish Match To Above 5%

Activist investor Elliott Investment Management's stake in Swedish Match crossed 5% on Friday, making it the biggest shareholder in the tobacco and nicotin...

Tobacco Group Swedish Match's Profit Narrowly Beats Estimates

Swedish Match, which is the target of an agreed $16 billion (€15.7 billion) bid by Philip Morris International, has reported second-quarter operating...

Swedish Match Investors Divided Over Philip Morris Bid

Some Swedish Match investors are divided about whether Philip Morris' $16 billion offer for the Stockholm-based company is good value for one of the world'...

Philip Morris Bids €15bn For Swedish Match

Philip Morris International Inc said it was making a recommended cash offer to buy tobacco and nicotine products maker Swedish Match for SEK 106 Swedish cr...

Philip Morris In Talks To Buy Rival Swedish Match

Philip Morris International Inc is in talks to buy rival Swedish Match AB, the companies said on Monday, as the Marlboro maker looks to expand its smoke-fr...

Japan Tobacco Considers Sale Of Russian Operations

Japan Tobacco (JT) is considering selling its Russian operations after suspending investment and marketing activities in the country last month following M...

Philip Morris Working On Options To Exit Russian Market

Marlboro maker Philip Morris International Inc is working on options to exit the Russian market, citing a complex and rapidly changing regulatory and opera...

Philip Morris CEO Says Firm On-Track To Meet Smoke-Free Targets

Tobacco giant Philip Morris plans to reach its target of 50% sales from smoke-free products by 2025 through organic revenue growth rather than mergers and...