LONDON, UK: Philip Morris International (PMI) has increased offer values the entire issued and to be issued ordinary share capital of Vectura at approximately £1.02 billion, a news release said. PMI’s business model and strategy is driven by a long term commitment to the transformation of its business and not a search for short term…
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Philip Morris International to acquire Vectura Group for £1.045 billion
LONDON, UK: Tobacco giant Philip Morris International (PMI) will buy all of the issued and to be issued ordinary shares of Vectura at the rate of 150 pence in cash for each share. The acquisition values the entire issued and to be issued ordinary share capital of Vectura at approximately £1.045 billion. On 26 May…