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☆ Swedish Match long-term shareholder Framtiden not tendering shares to Philip Morris
▼ + stars: | 2022-11-01 | by ( Yousef Saba | ) www.reuters.com time to read: 1 min

[1/2] A woman poses with a cigarette in front of Philip Morris International logo in this illustration taken July 26, 2022. REUTERS/Dado Ruvic/IllustrationNov 1 (Reuters) - Framtiden Partnerships, a long-term shareholder of Swedish Match (SWMA.ST) of nearly two decades, said it will not accept Marlboro-maker Philip Morris’ (PM.N) higher offer of 116 Swedish crowns per share. Dan Juran, Managing Member of Framtiden which owns almost 1% of shares in Swedish Match, said they will still not tender their shares and hopes that the deal will fail. Reporting by Marie Mannes; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

☆ Altria to Take on Juul, Philip Morris in Smoke-Free Tobacco
▼ + stars: | 2022-10-27 | by ( Jennifer Maloney | ) www.wsj.com time to read: 1 min

Altria plans to work with Japan Tobacco to market two new devices that heat tobacco but don’t burn it or produce smoke. Marlboro maker Altria Group Inc. said it is forming a partnership with Japan Tobacco Group to develop and sell heated tobacco devices in the U.S. and abroad. The move pits Altria against its former strategic partners, Philip Morris International and Juul Labs Inc., in the race to dominate the market for smoke-free tobacco products. It also gives Altria access to markets outside the U.S. Altria’s sales have been limited to the U.S. since it split from Philip Morris in 2008.

☆ Altria partners with Japan Tobacco to bolster smoke-free category
▼ + stars: | 2022-10-27 | by ( ) www.reuters.com time to read: +2 min

[1/2] A woman poses with a cigarette in front of Altria logo in this illustration taken July 26, 2022. REUTERS/Dado Ruvic/IllustrationOct 27 (Reuters) - Marlboro maker Altria Group Inc (MO.N) on Thursday announced a strategic partnership with Japan Tobacco (2914.T) in an attempt to boost its smoke-free category. Altria and JT will jointly establish Horizon Innovations LLC, which would be responsible for U.S. marketing and commercialization of heated tobacco stick (HTS) products owned and developed by either company. Altria said the joint venture would be through its subsidiary Philip Morris USA that will hold a 75% economic interest in Horizon and Japan Tobacco International, a subsidiary of JT, holding the rest. Philip Morris agreed to pay $2.7 billion for the exclusive right to sell IQOS heated tobacco products in the United States.

☆ Altria quarterly earnings miss estimates as cigarette maker's revenue falls
▼ + stars: | 2022-10-27 | by ( Stefan Sykes | ) www.cnbc.com time to read: +2 min

Altria Group signage is displayed on a monitor on the floor of the New York Stock Exchange. Cigarette maker Altria Group on Thursday reported third-quarter earnings that missed Wall Street estimates as its revenue fell. Revenue: $5.41 billion vs. $5.59 billion expected. "We are excited to begin a new partnership with JT Group, a leading international tobacco company," said Billy Gifford, Altria's chief executive officer. For its third quarter, Altria reported revenue net of excise taxes of $5.41 billion, a decline of 2% from a year ago.

☆ EXCLUSIVE Philip Morris to get EU nod for Swedish Match with asset sale -sources
▼ + stars: | 2022-10-24 | by ( Foo Yun Chee | Tatiana Bautzer | ) www.reuters.com time to read: +1 min

Philip Morris and Swedish Match also declined to comment. Philip Morris last week hiked its offer for Swedish Match in an effort to win over shareholders waiting for a sweetened bid. Hedge funds, including Elliott Management Corp, have built up their stakes in Swedish Match in hopes of a higher bid. Under Swedish law, 90% of Swedish Match shareholders need to approve the offer before Nov. 4. Philip Morris is sticking to this acceptance rate.

☆ Philip Morris Has a Plan B for America, but It Isn’t Ideal
▼ + stars: | 2022-10-20 | by ( Carol Ryan | ) www.wsj.com time to read: +1 min

Buying back the distribution rights will give PMI full control over the rollout of its IQOS heated tobacco sticks in the lucrative U.S. market. Cigarette giant Philip Morris International has a backup if plans to buy Swedish Match don’t work out. A 9.4% bump to what it offered in May brings the takeover premium to 52.5%. The higher price won’t cost the cigarette company more in dollar terms as the krona has fallen in value against the greenback since the first approach was made. PMI said it won’t raise the offer again and Swedish Match shares now trade at 112.5 Swedish kronor, slightly below the improved bid.

☆ Altria sells U.S. IQOS rights to Philip Morris for $2.7 bln
▼ + stars: | 2022-10-20 | by ( ) www.reuters.com time to read: +2 min

Philip Morris is looking to overturn the ban. Philip Morris, which reports quarterly results later on Thursday, aims to resume supply of IQOS products in the United States by the first half of 2023. Altria still holds the rights to sell IQOS in the United States until May 2024, after which it transitions to Philip Morris. "We are ready to invest behind IQOS to bring it to market at scale across the U.S.," Philip Morris Chief Executive Officer Jacek Olczak said. Altria said it has already received $1 billion from Philip Morris and will receive the remainder by July 2023.

Philip Morris (PM.N) increased its bid by more than 9% to 116 Swedish crowns per share and said that the offer was its "best and final price". Philip Morris made an all-cash offer of 106 crowns per share for Stockholm-based Swedish Match in May. By Swedish law, 90% of Swedish Match shareholders need to approve the offer before Nov.4. Pontus Dackmo, CEO of Protean Funds who has 500,000 shares in Swedish Match, said he was still not impressed by the sweetened offer from Philip Morris. The company had earlier said it was expecting EU antitrust approval for its Swedish Match bid in late October.

☆ Philip Morris sweetens buyout bid for Swedish Match to $15.8 bln
▼ + stars: | 2022-10-20 | by ( ) www.reuters.com time to read: +1 min

Philip Morris raised its bid by more than 9% to 116 Swedish crowns per share, although it said that the offer was its "best and final price". Swedish Match did not immediately respond to Reuters's request for comment on the revised offer. Philip Morris has announced that they are not waiving the 90 percent acceptance condition. The deal will fail and Swedish Match will remain an independent company," Hempton said. The company had earlier said that it was expecting EU antitrust approval for its Swedish Match bid in late October.

☆ Philip Morris to Raise Offer for Swedish Match and Buy U.S. Rights for IQOS
▼ + stars: | 2022-10-20 | by ( Jennifer Maloney | Ben Dummett | ) www.wsj.com time to read: 1 min

Marlboro maker Philip Morris has been under pressure from Elliott Management and other investors to sweeten its bid for Swedish Match. Philip Morris International plans to raise its offer for Swedish Match AB and has agreed to pay $2.7 billion to regain the U.S. rights for its IQOS heated tobacco products from Altria Group Inc., according to people familiar with the matter. Philip Morris’s original offer for Swedish Match in May was 161.2 billion Swedish Krona, which was then equivalent to $16 billion. The new offer is expected to be announced as soon as Thursday, the people said.

☆ Philip Morris’ Swedish bet may take multiple tokes
▼ + stars: | 2022-10-20 | by ( ) www.reuters.com time to read: +2 min

LONDON, Oct 20 (Reuters Breakingviews) - Philip Morris International (PM.N) may need to show more flexibility. PMI Chief Executive Jacek Olczak has strengthened his hand by sealing a $2.7 billion deal with Altria to buy the rights to sell IQOS heated tobacco products in the United States, giving him an alternative way to grow in smokeless tobacco products. Still, it may be hard to get the Swedish Match deal over the line, given PMI’s ambitious 90% acceptance rate. That’s probably why the shares are currently trading close to the offer price at 112 crowns. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Altria reaches $2.7 bln deal with Philip Morris to sell U.S. IQOS rights
▼ + stars: | 2022-10-19 | by ( Makiko Yamazaki | ) www.reuters.com time to read: 1 min

Oct 19 (Reuters) - Altria Group Inc said on Wednesday its unit has reached a $2.7 billion deal with Marlboro maker Philip Morris International Inc's (PM.N) unit to sell the U.S. commercialization rights for its IQOS heated tobacco products. Altria has received a $1 billion payment from Philip Morris and will receive an additional payment of $1.7 billion by July 2023 for a total payment of about $2.7 billion pre-tax, according to the statement. Separately, the Wall Street Journal reported on Wednesday that Philip Morris is planning to raise its offer for Swedish Match AB (SWMA.ST), citing people familiar with the matter. Register now for FREE unlimited access to Reuters.com RegisterReporting by Deborah Sophia in Bengaluru; editing by Diane Craft and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

Chicago-based Framtiden Partnerships, a Swedish Match shareholder for nearly two decades, told Reuters on Wednesday that it opposes Philip Morris' (PMI) proposed takeover of the Stockholm-based company. According to Euromonitor International, Swedish Match controls about half the world's market for snus - a Swedish-style snuff that is moist and smoke-free. Swedish Match has a fragmented ownership base, he said, making it difficult to get a clear overview of how many will accept the deal. 'THREE SHAREHOLDER CAMPS'John Hempton, co-founder of Sydney-based Bronte Capital, is another Swedish Match shareholder who hopes the deal will fall through. The largest shareholders of Swedish Match, which include Wellington Management, Capital Group, BlackRock and Vanguard, all declined to comment on the deal.

Register now for FREE unlimited access to Reuters.com RegisterA man uses a Juul vaporizer in Atlanta, Georgia, U.S., September 26, 2019. Juul accused the FDA of violating the federal Freedom of Information Act by withholding a majority of the "scientific disciplinary reviews" underlying the sales ban. read moreMarlboro cigarette maker Altria Group Inc (MO.N) paid $12.8 billion in 2018 for a 35% stake in Juul. The case is Juul Labs Inc v Food & Drug Administration, U.S. District Court, District of Columbia, No. Register now for FREE unlimited access to Reuters.com RegisterReporting by Jonathan Stempel in New York; Editing by Richard ChangOur Standards: The Thomson Reuters Trust Principles.

☆ T-Mobile US transmits clear signal to investors
▼ + stars: | 2022-09-09 | by ( ) www.reuters.com time to read: +2 min

NEW YORK, Sept 9 (Reuters Breakingviews) - T-Mobile US (TMUS.O) is sending a clear signal about the benefits of being bigger. The $182 billion company announced a $14 billion share buyback program on Thursday, reflecting the fact that both profit and subscriber numbers are rising. Fears that mobile prices would rise when T-Mobile acquired SoftBank’s Sprint have not materialized, allaying at least one of the potential objections to the merger. Last quarter, it raised its forecast for additional subscribers for this year to as high as 6.3 million from a previous high of 5.8 million. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ PAS reacționează după retragerea Natei Albot. Consiliul Politic Național urmează să decidă cine-i va lua locul pe lista PAS
▼ + stars: | 2021-05-22 | by ( Anatolie Esanu | ) www.zdg.md time to read: +12 min

Consiliul Politic Național al PAS va lua act de decizia Natei Albot și va prezenta modificările corespunzătoare la CEC”, a scris Grosu. Mi-a dat o carte de vizită și mi-a spus să iau legătura cu el când voi reveni în țară. Mi-a spus că se va face expertiza și se va afla”, a declarat Nata Albot. În context, candidata de pe lista PAS la funcția de deputat Nata Albot a anunțat că se retrage din campania electorală. Potrivit ministrului, în 2017, a fost înregistrat un caz de „tentativă de contrabandă cu marijuana”, dosarul fiind gestionat de procurori.

Persons: Igor Grosu, Grosu, Nata, Albot, Nata Albot, Propaganda, Vrei, ZdG, Oleg Vereteno, Nataliei Albot, Natalia Albot, Diana Fetco, Pavel Voicu, Voicu, Virgiliu Pâslariuc, Plahotniuc ., Novițchi, Gheorghe, Natalia, Cavcaliuc, Sorin Stati Organizations: Partidului, Consiliul Politic, CEC, Poliției, Partidului Politic, Internațional, Internațional Chișinău, Marlboro, TV8, Educației, Culturii, Partidul Democrat din, PDM Locations: Nata, Internațional Chișinău, Montreal, București, Chișinău, Frontieră, Moldova, Cavcaliuc, Partidul Democrat din Moldova, transnistreană

☆ DOC/ Cazul pachețelului de 0,78 de grame de substanță de culoare verde. Detalii de la procurori și reacția Natei Albot: „Eu nu vreau să fac mai mult rău echipei decât binele pe care planificam să-l fa
▼ + stars: | 2021-05-21 | by ( Milena Onisim | ) www.zdg.md time to read: +11 min

După aceasta a venit o altă persoană și a zis să merg în cabinet să scriu o explicație. Mi-a dat o carte de vizită și mi-a spus să iau legătura cu el când voi reveni în țară. Mi-a spus că se va face expertiza și se va afla”, a declarat Nata Albot. În context, candidata de pe lista PAS la funcția de deputat Nata Albot a anunțat că se retrage din campania electorală. Potrivit ministrului, în 2017, a fost înregistrat un caz de „tentativă de contrabandă cu marijuana”, dosarul fiind gestionat de procurori.

Persons: Nata, Propaganda, Vrei, Albot, ZdG, Oleg Vereteno, Nataliei Albot, Natalia Albot, Diana Fetco, Pavel Voicu, Voicu, Virgiliu Pâslariuc, Plahotniuc ., Novițchi, Gheorghe, Natalia, Cavcaliuc, Sorin Stati Organizations: Partidului, Poliției, Partidului Politic, Internațional, Internațional Chișinău, Marlboro, TV8, Educației, Culturii, Partidul Democrat din, PDM Locations: Nata Albot, Internațional Chișinău, Montreal, București, Chișinău, Frontieră, Moldova, Cavcaliuc, Partidul Democrat din Moldova, transnistreană

Are o suprafață totală de 268 000 de kilometri pătrați și o populație de 4,8 milioane de oameni. Consumul de droguriÎn Noua Zeelandă, consumul de substanțe narcotice este interzis. Totodată, în școli este interzisă vânzarea dulciurilor, a chips-urilor și a produselor fără valoare nutritivă. Poluarea aeruluiUnul dintre principalele obiective ale Noii Zeelande este păstrarea naturii verzi și a curățeniei (Green and Clean New Zealand). Această țară a reușit să adune în experiența sa multe practici progresive care s-au adeverit a fi necesare în perspectivă.

Persons: Pandemia Organizations: ONU, Marlboro, Parlamentul, Ministerului Sănătății, Ministerul Sănătății Locations: Moldova, Noua Zeelandă, Pacific, Wellington, n.r, Auckland, Gisborne, New Zealand, Noii Zeelande, Australia, Asia, Africa

☆ Служебная собака помогла найти контрабандные сигареты (ВИДЕО)
▼ + stars: | 2021-04-09 | by ( Ольга Донцова | ) aif.md time to read: 1 min

0В пункте пропуска “Джурджулешты-Галац” пограничники остановили для проверки 26-летнего жителя Кагула. Мужчина управлял автомобилем Volkswagen Touareg и заявил, что у него нет подлежащих декларированию товаров. В итоге в задней части кузова и под боковыми порогами было обнаружено 250 пачек сигарет Marlboro Gold и 100 пачек сигарет Rothmans. Мужчина сообщил, что является законным владельцем транспортного средства, но ничего не знал о находке. Подписывайтесь, чтобы быть в курсе всех событий в стране.

Organizations: Touareg, Marlboro Gold, Rothmans Locations: ДжурджулештыГалац, Кагула

☆ Aproape 1.600 pachete de țigari...
▼ + stars: | 2020-11-09 | by ( ) www.realitatea.md time to read: +1 min

Câinii Serviciului Vamal, Donna și Jimmy, au dat peste cap planurile a doi moldoveni de a scoate zeci de mii de țigarete din țară, prin eludarea controlului vamal. Cazurile au fost înregistrate la posturile vamale „Giurgiulești” și „Aeroportul Internațional Chișinău”, fiind confiscate în total 31.900 de țigarete (1.595 de pachete). foto: customs.gov.mdPrimul caz a fost raportat de vameșii de la Giurgiulești, după ce câinele Vămii a semnalat prezența unor obiecte suspecte în compartimentul marfar al unui Mercedes Sprinter. Ca urmare a efectuării controlului fizic, funcționarii vamali au depistat 22.400 țigarete (1.120 pachete) de diverse mărci, cu timbre de acciz ale Republicii Moldova. În cel de-al doilea caz, echipa mixtă de control din cadrul Aeroportului Internațional Chișinău, formată din vameși și polițiști de frontieră, au depistat 9.500 (475 pachete) de țigarete „Marlboro” și „Kent”.

Persons: Donna, Jimmy Organizations: Mercedes, Internațional Chișinău, Marlboro, Uniunii Europene Locations: Giurgiulești, Chișinău, moldovean, Franța, Republicii Moldova, Londra

☆ Служебные собаки помогли обнаружить около 40 тысяч контрабандных сигарет
▼ + stars: | 2020-11-09 | by ( ) nokta.md time to read: +1 min

Собаки Таможенной службы, Донна и Джимми, воспрепятствовали планам двух граждан Молдовы вывезти из страны десятки тысяч сигарет, уклонившись от таможенного контроля. Случаи были зарегистрированы на таможенных постах «Джурджулешты» и «Международный аэропорт Кишинэу», при этом было конфисковано 31 900 сигарет. О первом случае сообщили таможенники из Джурджулешт после того, как таможенная собака выявила наличие подозрительных предметов в грузовом отсеке Mercedes Sprinter. В результате физического досмотра таможенники обнаружили 22 400 сигарет различных марок с акцизными марками Республики Молдова. Во втором случае совместная контрольная группа в международном аэропорту Кишинэу, состоящая из сотрудников таможни и пограничников, обнаружила 9 500 сигарет «Marlboro» и «Kent».

Persons: Донна, Джимми Organizations: Mercedes Sprinter, Таможенная служба, Джурджулешты, Международный аэропорт Кишинэу Locations: Marlboro, Kent, Молдова, Джурджулешт, Франция, Республика Молдова, Кишинэу, КишиневЛондон, Евросоюз

☆ Служебные собаки помогли обнаружить около 40 тыс. контрабандных сигарет
▼ + stars: | 2020-10-09 | by ( ) point.md time to read: +1 min

Собаки Таможенной службы, Донна и Джимми, воспрепятствовали планам двух граждан Молдовы вывезти из страны десятки тысяч сигарет, уклонившись от таможенного контроля. Случаи были зарегистрированы на таможенных постах в Джурджулештах и Международном аэропорту Кишинева, было конфисковано 31 900 сигарет, передает nokta.mdО первом случае сообщили таможенники из Джурджулешт после того, как таможенная собака выявила наличие подозрительных предметов в грузовом отсеке Mercedes Sprinter. В результате физического досмотра таможенники обнаружили 22 400 сигарет различных марок с акцизными марками Республики Молдова. Во втором случае совместная контрольная группа в Международном аэропорту Кишинева, состоящая из сотрудников таможни и пограничников, обнаружила 9500 сигарет Marlboro и Kent. Товар был конфискован, расследование по делу продолжается с целью установления всех обстоятельств.

Persons: Донна, Джимми Organizations: Mercedes Sprinter, Marlboro, Таможенная служба, Международный аэропорт Locations: Marlboro Kent, Молдова, Джурджулештах, Кишинев, Джурджулешт, Франция, Республика Молдова, КишиневЛондон, Евросоюз

Marlboro maker Altria Group Inc. is in advanced talks to buy e-cigarette startup NJOY Holdings Inc. for at least $2.75 billion, according to people familiar with the matter, moving to take over a new vaping brand after its bet on Juul fizzled. The deal for NJOY, one of the few e-cigarette makers whose products have clearance from federal regulators, could be announced as soon as this week, the people said, though the talks could still fall apart. The proposed deal includes an additional $500 million earnout if certain regulatory milestones are met, the people said. The Wall Street Journal reported last June that NJOY had hired advisers and was exploring a sale.

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