Category: Philip Morris

Philip Morris Seals Deal for UK’s Vectura Despite Health Group Concerns

Cigarette maker Philip Morris (PMI) clinched its 1.1 billion-pound takeover of asthma inhaler maker Vectura on Thursday, winning the support of the British company’s shareholders despite the concerns of health professionals. Vectura’s shareholders decided to take the 165 pence-per-share offer from PMI, with nearly 75 percent backing the deal. Buying the London-listed inhaler maker is…


NTD Business Full Broadcast (July 26)

Insurance giants Aon and Willis Towers Watson scrap their multi-billion-dollar merger, after the justice department sued to block the deal. What was the DOJ’s problem with it? Marlboro cigarette maker Philip Morris calling on the U-K to ban cigarettes by 20-30. What else is part of its business strategy? And U.S. population growth is nearing zero, according…