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)
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