Tag Archives: Philip Morris International

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% …

Tobacco giant Philip Morris International (PMI) is setting up a UK life insurance venture which will see it offer significant discounts to smokers who quit or switch to one of its alternative products. The new firm, Reviti, is wholly owned by PMI and will offer customers a programme of health …