Philip Morris Considers $1B Sale of Cigar Business

Philip Morris International (NYSE:PM) Seeks US$1 Billion In Potential Sale Of US Cigar Business
Philip Morris International (NYSE:PM) is evaluating the sale of its US cigar business, a move aligning with its major transition towards smoke-free offerings, which may have driven its shares up 20% over the last quarter.
Philip Morris is exploring a sale of its cigar business in the U.S.
Philip Morris International (NYSE:PM) may be looking to sell its U.S. cigar business. The cigar business was picked up Philip Morris (NYSE:PM) as part of the deal to acquire Swedish Match AB in 2023.
Philip Morris Weighs Cigar Sale Amid Smoke-Free Shift
Philip Morris International Inc. is exploring a potential sale of its cigar business in the US, people familiar with the matter said, as the tobacco maker continues its shift toward smoke-free products.
Philip Morris Considers Selling US Cigar Business As It Pushes Towards Smoke-Free Products: Bloomberg
Philip Morris is considering selling its U.S. cigar business for over $1 billion as it shifts toward smoke-free products. The company aims for smoke-free sales to reach two-thirds of its revenue by 2030.
Philip Morris Considers $1B Sale of Cigar Business Amid Smoke-Free Push
Philip Morris International Inc. (NYSE: PM) is reportedly exploring the sale of its cigar business for over $1 billion, according to Bloomberg. The move aligns with the tobacco giants strategy to transition
Marlboro-maker Philip Morris (PM) Explores Sale of U.S. Cigar Business for $1B
Philip Morris International (PM) is looking to sell its U.S. cigar business for over $1 billion, Bloomberg reported. This potential sale is
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Philip Morris explores sale of its cigar business in the U.S., Bloomberg says
Philip Morris (PM) is exploring a potential sale of its cigar business in the U.S. as the company moves to shift toward smoke-free products, ...