Elliott Management Backs Philip Morris's $16B Swedish Match Buyout
Benzinga
NOVEMBER 7, 2022
Philip Morris International Inc (NYSE: PM ) is going ahead with its $16 billion takeover of Swedish Match AB (OTC: SWMAY ) (OTC: SWMAF ) despite failing to achieve the 90% acceptance rate. The company's largest shareholder, Elliott Management , has decided to Full story available on Benzinga.com.
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