SWMAY / Swedish Match top 10 investor says Philip Morris bid a 'healthy premium'

The Swedish Match may prove to be the tailwind for PM's growth, as more consumers demand alternative nicotine options moving forward. The same has bee more_horizontal

Philip Morris in October raised its offer for Swedish Match to 116 kronor a share from 106 kronor, valuing the target at nearly $15.7 billion. more_horizontal

Marlboro maker Philip Morris International (PMI) said on Monday it was going ahead with its $16 billion plan to buy Swedish Match despite winning acce more_horizontal

Philip Morris is considering lowering the acceptance threshold on its bid for Swedish Match, Bloomberg News reported on Monday, citing people familiar more_horizontal

Swedish Match, which is being bought by Philip Morris International Inc in a $16 billion deal, on Friday reported second-quarter operating profit just more_horizontal

We are downgrading our rating on Swedish Match as its shares now trade at just 5% below the SEK 106 offer from Philip Morris. We believe the offer und more_horizontal

Philip Morris' $16 billion offer for Stockholm-based Swedish Match represents a "healthy premium" and the Marlboro maker could yet go higher, Swedish more_horizontal

Company offers to buy Swedish Match for $16 billion. Deal would acceleration transition to smokeless future. more_horizontal