Tobacco giant Philip Morris will stop selling cigarettes in the United Kingdom within the next ten years, the international company’s chief revealed to UK-based online news media The Daily Mail on Sunday. The decision means that iconic cigarette brand Marlboro will no longer be sold in the UK for the …
Read More »Philip Morris in merger talks with Altria; e-cigs at stake.
Philip Morris International Inc and Altria Group Inc are discussing an all-stock merger, potentially reuniting two of the world’s largest tobacco companies in a bid to dominate the fast-growing electronic-cigarette market. Shares of Altria, which was spun out of Philip Morris more than a decade ago, rose more than 6% …
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