Cigarettes & Tobacco M&A » By The Online Investor Staff, updated Fri., Apr. 26, 3:00 PM
Recent mergers and acquisitions in the Cigarettes & Tobacco M&A category.
Slide #2. Altria Group, Inc. — E-Vapor Business of Green Smoke, Inc.
Acquirer: |
Altria Group, Inc. (NYSE:MO) |
Acquiree: |
E-Vapor Business of Green Smoke, Inc. |
Details: |
Altria Group, Inc. (Altria) (NYSE:MO) today announced that its subsidiary, Nu Mark LLC (Nu Mark), entered into an agreement to acquire the e-vapor business of Green Smoke, Inc. and its affiliates (Green Smoke) for approximately $110 million in cash, subject to closing adjustments, and up to $20 million in incentive payments. |
Altria Group is a holding company. Co.'s subsidiaries include: Philip Morris USA Inc., which is engaged in the manufacture and sale of cigarettes in the U.S.; John Middleton Co., which is engaged in the manufacture and sale of machine-made large cigars and pipe tobacco; UST LLC, which through its subsidiary, U.S. Smokeless Tobacco Company LLC, is engaged in the manufacture and sale of moist smokeless tobacco products and snus products; and Helix Innovations LLC, which operates in the U.S. and Canada, and Helix Innovations GmbH and its subsidiaries, which operate internationally in the rest-of-world, are engaged in the manufacture and sale of on! oral nicotine pouches.
Altria Group SEC Filing Email Alerts Service
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Company Name: |
Altria Group Inc |
Stock buyback: |
MO buyback |
Website: |
www.altria.com |
Sector: |
Cigarettes & Tobacco |
Number of ETFs Holding MO: |
105 |
Total Market Value Held by ETFs: |
$10.52B |
Total Market Capitalization: |
$75.69B |
% of Market Cap. Held by ETFs: |
13.90% |
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April 26, 2024 3:00 PM Eastern
Hold (2.36 out of 4)
0th percentile
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