© Reuters. FILE PHOTO: Moist powder tobacco “snus” cans are seen on shelves at a Swedish Match store in Stockholm, Sweden October 24, 2018. Picture taken October 24, 2018. REUTERS/Anna Ringstrom/File Photo
STOCKHOLM (Reuters) – Marlboro maker Philip Morris International (NYSE:) (PMI) said on Monday it had raised its stake in Swedish Match to 93.1% and would initiate a compulsory redemption of the remaining shares in its Swedish peer and de-list it.
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