As cigarette sales continue to steadily decline post-pandemic — after a brief surge during the pandemic when people were stuck at home — U.S.-based tobacco company Philip Morris International (PMI) is ...
CHICAGO (Reuters) - Altria Group Inc will buy UST Inc , the largest U.S. smokeless tobacco maker, for $10.4 billion to expand in a growing market as domestic cigarette sales steadily decline. Sign up ...
Philip Morris USA's parent company might try to buy the nation's largest smokeless-tobacco company to add a growth market to its U.S. business, one analyst said yesterday. A combination with UST Inc.
They look a lot alike, but one is the clear choice to buy. Smoking cigarettes has become increasingly unpopular since the public learned about the many health hazards of the habit decades ago. Yet, ...