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...As well as Marlboro, the company sells cigarette brands including L&M and Chesterfield, owns smoke-free tobacco product IQOS and recently bought Swedish Match, maker of the Snus oral nicotine pouch, for...
...Only later, as he climbed the ranks of the cigarette maker, which also owns the Chesterfield and L&M brands, did he begin to realise that “society — presumably quite rightly — doesn’t like what you’re doing...
...Jacek Olczak, PMI’s chief executive, said last month that the Marlboro cigarette brand would disappear from UK shelves within 10 years....
...The tobacco group, which sells the Marlboro brand in much of the world, has been trying to diversify into alternative products as cigarette sales have declined significantly and has said it is committed...
...The battle escalated at the weekend when PMI, which owns brands including Marlboro, raised its bid to more than £1bn. Its 165p-a-share offer came two days after Carlyle raised its bid to 155p a share....
...Marlboro, Lucky Strike, Chesterfield, Salem – these are big words in American manufacturing, but they are also big words in American art....
...There’s a “club house”, which is a somewhat grand description for a barn decked out with battered leather armchairs, a pool table, record player and an impressive collection of vinyl LPs, and an adjacent...
...Overall cigarette volumes – which include gains from acquisitions – were down 2.9 per cent to 219.3bn units, with other brands such as Chesterfield and L&M down 15.1 per cent and 2.8 per cent respectively...
...As a result, PMI, which saw first-quarter shipments of of its flagship Marlboro brand decline 2.4 per cent, has, along with other large tobacco groups been looking at ways to expand their businesses beyond...
...The biggest deal so far was Permira’s €2.6bn acquisition last year of Valentino, the Italian maker of evening gowns for celebrities, which also controls the Hugo Boss, Marlboro Classics and M Missoni brands...
...The biggest deal so far was Permira’s €2.6bn ($4.1bn) acquisition last year of Valentino, the Italian maker of evening gowns for celebrities, which also controls the Hugo Boss, Marlboro Classics and M Missoni...
...Valentino, which has a market capitalisation of €2.56bn ($3.46bn), also owns a majority stake in German label Hugo Boss and casual wear label Marlboro Classics....
...The company also sells clothes under the Marlboro Classics label....
...Altadis, the Spanish cigarette maker, was another of the day’s big fallers as investors reacted to news that US rival Philip Morris had cut the price of its Marlboro and Chesterfield brands in Spain....
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