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Philip Morris In $625 Million Acquisition Deal With Arab Investors-TA

Philip Morris International Inc. (NYSE:PM) is set to buy a 49 percent stake in Arab Investors-TA for $625 million. The acquisition would bolster the cigarette major’s presence in the emerging markets.

25 Percent Interest In The Joint Venture

As a result of the proposed deal, Philip Morris International Inc. (NYSE:PM) exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

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