The maker of Marlboros offered 106 kronor ($10.56) a share for the smaller business, it said in a statement, a premium of nearly 40% to Swedish Match’s closing price on Monday.
For Deirdre Hipwell's latest contributions to The Japan Times, see below:
Although venues are still open, trade is slowing ahead of the key peak festive period as people stay home and avoid socializing in pubs, clubs and restaurants.
In the 12 months since the Better Cotton Initiative published a statement on alleged forced labor in cotton-growing Xinjiang, several brands have suffered major setbacks in the country.
The U.K. plan is a pilot for whether nations can do enough to end damaging lockdowns and essentially learn to live with the disease.
Spending by shoppers, drinkers and diners is vital to Britain’s effort to emerge from its deepest recession for three centuries. News last week that retail sales rebounded by more than forecast in July stood out against a backdrop of unprecedented job cuts at Marks & ...