Swedish Match AB Concept Store As Philip Morris International Inc. Wins $16 Billion Battle For Nicotine Pouch Maker
Zyn smokeless nicotine pouches at the Swedish Match AB concept store in central Stockholm, Sweden, on Monday, Oct. 31, 2022. Philip Morris International Inc. is proceeding with the $16 billion takeover of nicotine pouch maker Swedish Match after securing support from enough of its top shareholders, including Elliott Investment Management LP. Photographer: Jonas Ekblom/Bloomberg via Getty Images
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