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Swedish Match AB applies for delisting

Philip Morris Holland Holdings B.V. , an affiliate of Philip Morris International Inc., declared the public offer for Swedish Match AB unconditional on November 7, 2022. PMHH controls more than 90.

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Philip Morris International in talks to acquire European smokeless-tobacco rival Swedish Match

A deal would be substantial, as Swedish Match is currently valued at about 117 billion Swedish krona, or almost $12 billion. With a typical premium, it could be valued at about $15 billion or more. Philip Morris has a market value of about $154 billion.

Swedish Match confirms discussions regarding a possible public takeover offer for Swedish Match

Swedish Match confirms discussions regarding a possible public takeover offer for Swedish Match
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