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Philip Morris Ups Swedish Match Offer To SEK 176B

By Dawood Fakhir (October 20, 2022, 3:53 PM BST) -- Tobacco giant Philip Morris on Thursday said it has increased its offer price for smaller peer Swedish Match AB to 176.4 billion Swedish kronor ($15.8 billion) from 161 billion kronor offered in May, which was equal to about $16 billion before currency fluctuations in the interim....

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