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Monday, 13 October 2008 10:00:56 PM GMT
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Philip Morris International to buy Canada's Rothmans
- Thursday, 31 July 2008
- AFP
NEW YORK, July 31, 2008 (AFP) - Philip Morris International said Thursday it has struck a friendly matchup with Canadian tobacco company Rothmans Inc. in a two billion Canadian dollar (1.9 billion) takeover deal.
PMI, the global cigarette maker and distributor of leading brand Marlboro, already owns a 40 percent stake in Rothmans, Benson & Hedges (RBH).
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