Page 2 - சைக்காமோர் கூட்டாளர்கள் மேலாண்மை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Marlboro Maker Altria to Sell Wine Business for $1.2 Billion Jul 09 2021, 10:55 PM July 09 2021, 7:23 PM July 09 2021, 10:55 PM (Bloomberg) Altria Group Inc. agreed to sell its Ste. Michelle Wine Estates business to Sycamore Partners Management LP as the maker of Marlboro cigarettes in the U.S. prunes its non-tobacco holdings. (Bloomberg) Altria Group Inc. agreed to sell its Ste. Michelle Wine Estates business to Sycamore Partners Management LP as the maker of Marlboro cigarettes in the U.S. prunes its non-tobacco holdings. The private equity firm will pay $1.2 billion in the cash deal, along with the assumption of certain Ste. Michelle liabilities, according to a statement Friday. The transaction is expected to close in the second half after receiving antitrust approval.

New yorkUnited statesBilly giffordKenneth sheaAltria philip morrisJuul labs incVectura group plcPhilip morris international incBloomberg altria group incMichelle wine estatesSycamore partners managementBloomberg intelligenceJuul labsPhilip morris united statesMarlboro ranchWall street journal