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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Philip Morris International Inc | NYSE:PM | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 1.26 | 1.33% | 96.20 | 97.23 | 94.6304 | 94.64 | 6,462,572 | 00:27:22 |
From May 2021 to May 2024
By Adam Clark
Philip Morris International Inc. said Thursday that its offer for Vectura Group PLC has become unconditional in all respects, after it secured support representing 74.77% of the U.K. inhaled-medicines company's share capital.
The U.S. tobacco company said that it had secured acceptances in respect to 45.61% of Vectura shares and that it had acquired a 29.16% stake in the company.
Philip Morris bid 165 pence a share for Vectura, valuing the company at roughly 1.1 billion pounds ($1.52 billion). That topped a competing offer from Carlyle Group Inc. of 155 pence a share
Write to Adam Clark at adam.clark@wsj.com
(END) Dow Jones Newswires
September 16, 2021 02:38 ET (06:38 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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