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Acquisition

Philip Morris International announces firm offer to acquire Vectura Group

Philip Morris International Inc. (PMI) announced it has agreed with the board of Vectura Group plc (Vectura) on the terms of an all-cash, recommended offer to acquire Vectura for an enterprise value of GBP 852 million (approximately USD 1.2 billion). Under the terms of the acquisition, Vectura shareholders would be entitled to receive 150 pence […]