array(3) { ["company_details"]=> array(13) { ["name"]=> string(32) "Philip Morris International Inc." ["slug"]=> string(40) "fc55e-us-philip-morris-international-inc" ["logo"]=> string(84) "https://images.businessradar.com/linkedin_logos/27a09865-20d5-4f67-899b-c10248a2b8e2" ["description"]=> string(1832) "Philip Morris International (PMI) is a leading international tobacco company engaged in the manufacture and sale of cigarettes, smoke-free products and associated electronic devices and accessories, and other nicotine-containing products in markets outside the U.S. PMI is building a future on a new category of smoke-free products that, while not risk-free, are a much better choice than continuing to smoke. PMI's smoke-free IQOS product portfolio includes heated tobacco and nicotine-containing vapor products. As of December 31, 2022, PMI estimates that approximately 17.8 million adult smokers around the world have already stopped smoking and switched to PMI’s heated tobacco product, which is currently available for sale in 73 markets in key cities or nationwide under the IQOS brand. For more information, see our PMI (https://www.pmi.com/) and PMIScience (https://www.pmiscience.com/) websites. Our priority is to attract, support and keep with us diverse and unique individuals. Our global workforce of more than 69,000 people is one of our greatest strengths and the key to our success as a company. Our employees speak more than 80 languages and come from all corners of the world. PMI has been certified as a “Global Top Employer” for the seventh consecutive year. PMI teams have been awarded in 50 countries; representing 5 regional certifications : Europe, the Middle East, Africa, North America and Latin America; in recognition of the high standards of excellence in our working environment and the exceptional development opportunities we offer. If you come into our offices or meet our people, you will quickly realize that at PMI everyone has the opportunity to make a difference and build phenomenal careers. With more than 1000 cross-functional moves a year, the opportunities for adventure are endless." ["address_street"]=> string(28) "677 Washington Blvd Ste 1100" ["address_place"]=> string(8) "Stamford" ["address_region"]=> string(11) "Connecticut" ["founding_date"]=> string(10) "1987-02-28" ["website_domain"]=> string(7) "pmi.com" ["website_url"]=> string(19) "https://www.pmi.com" ["industry_codes"]=> array(1) { [0]=> string(10) "Cigarettes" } ["employee_count"]=> int(69600) ["article_count"]=> int(2762) } ["articles"]=> array(9) { [0]=> array(7) { ["title_en"]=> string(58) "PMI’s $16 Billion Swedish Match Bid Passes 90% Threshold" ["snippet_en"]=> string(170) "Philip Morris International Inc. will take nicotine pouch maker Swedish Match AB private after its $16 billion takeover bid was accepted by more than 90% of shareholders." ["url"]=> string(108) "https://news.bloomberglaw.com/mergers-and-acquisitions/pmis-16-billion-swedish-match-bid-passes-90-threshold" ["image_url"]=> string(78) "https://images.businessradar.com/articles/1e6bd72f-36c7-4953-aabd-5fa9e5fa77af" ["source"]=> string(16) "bloomberglaw.com" ["publication_date"]=> string(10) "2022-11-28" ["categories"]=> array(3) { [0]=> string(21) "Shareholders Feedback" [1]=> string(11) "Acquisition" [2]=> string(6) "Merger" } } [1]=> array(7) { ["title_en"]=> string(74) "Chris Hughes: Hedge funds forego round two in Philip Morris takeover fight" ["snippet_en"]=> string(114) "NEW YORK — Once you win over Elliott Management in your attempt to buy a company, your work is pretty much done." ["url"]=> string(162) "https://www.nny360.com/opinion/columns/chris-hughes-hedge-funds-forego-round-two-in-philip-morris-takeover-fight/article_03d36702-3a38-5b4e-853d-e8178687b1a4.html" ["image_url"]=> string(78) "https://images.businessradar.com/articles/1dd0f4c1-2c3d-437f-a0f4-acbdbe942cf8" ["source"]=> string(10) "nny360.com" ["publication_date"]=> string(10) "2022-11-09" ["categories"]=> array(2) { [0]=> string(11) "Acquisition" [1]=> string(6) "Merger" } } [2]=> array(7) { ["title_en"]=> string(55) "Philip Morris Wins $16 Billion Battle for Swedish Match" ["snippet_en"]=> string(210) "Philip Morris International Inc. is proceeding with the $16 billion takeover of nicotine pouch maker Swedish Match AB after securing support from enough shareholders, including Elliott Investment Management LP." ["url"]=> string(92) "https://www.bnnbloomberg.ca/philip-morris-wins-16-billion-battle-for-swedish-match-1.1842757" ["image_url"]=> string(78) "https://images.businessradar.com/articles/0054e7dd-eb9c-4a4c-8921-e81da0d47015" ["source"]=> string(15) "bnnbloomberg.ca" ["publication_date"]=> string(10) "2022-11-07" ["categories"]=> array(10) { [0]=> string(21) "Shareholders Feedback" [1]=> string(11) "Acquisition" [2]=> string(11) "Competition" [3]=> string(5) "Award" [4]=> string(25) "Business Model Resilience" [5]=> string(20) "Corporate Governance" [6]=> string(6) "Merger" [7]=> string(21) "Competitive Behaviour" [8]=> string(18) "General Investment" [9]=> string(15) "Deals & Tenders" } } [3]=> array(7) { ["title_en"]=> string(66) "Elliott Management Backs Philip Morris's $16B Swedish Match Buyout" ["snippet_en"]=> string(290) "Philip Morris International Inc (NYSE: PM) is going ahead with its $16 billion takeover of Swedish Match AB (OTC: SWMAY) (OTC: SWMAF) despite failing to achieve the 90% acceptance rate. Marlboro maker had secured 82.59% of the Swedish company, short of the 90% level at which it can start a" ["url"]=> string(79) "https://www.aol.com/news/elliott-management-backs-philip-morriss-123005088.html" ["image_url"]=> string(78) "https://images.businessradar.com/articles/322299dc-3dd0-420c-b8b6-5472218de12d" ["source"]=> string(7) "aol.com" ["publication_date"]=> string(10) "2022-11-07" ["categories"]=> array(2) { [0]=> string(11) "Acquisition" [1]=> string(6) "Merger" } } [4]=> array(7) { ["title_en"]=> string(132) "Philip Morris is Proceeding with the $16 Billion Takeover of Nicotine Pouch Maker Swedish ... - Latest Tweet by Bloomberg | LatestLY" ["snippet_en"]=> string(298) "The latest Tweet by Bloomberg states, 'Philip Morris is proceeding with the$ 16 billion takeover of nicotine pouch maker Swedish Match after securing support from enough shareholders ...' Philip Morris is Proceeding with the$ 16 Billion Takeover of Nicotine Pouch Maker Swedish ...- Latest Tweet by" ["url"]=> string(170) "https://www.latestly.com/socially/business/philip-morris-is-proceeding-with-the-16-billion-takeover-of-nicotine-pouch-maker-swedish-latest-tweet-by-bloomberg-4431075.html" ["image_url"]=> string(78) "https://images.businessradar.com/articles/e4a9416f-4a28-4e32-8749-4a1345d2ba16" ["source"]=> string(12) "latestly.com" ["publication_date"]=> string(10) "2022-11-07" ["categories"]=> array(3) { [0]=> string(21) "Shareholders Feedback" [1]=> string(11) "Acquisition" [2]=> string(6) "Merger" } } [5]=> array(7) { ["title_en"]=> string(79) "Philip Morris wins 83% stake in Swedish Match, goes ahead with $16 bln takeover" ["snippet_en"]=> string(220) "Marlboro maker Philip Morris International (PMI) said on Monday it was going ahead with its $16 billion plan to buy Swedish Match despite winning accept from owners with no more than 82.59% of shares in the Swedish peer." ["url"]=> string(123) "https://www.reuters.com/markets/deals/philip-morris-wins-83-stake-swedish-match-goes-ahead-with-16-bln-takeover-2022-11-07/" ["image_url"]=> string(78) "https://images.businessradar.com/articles/5b8fe5d7-ff7f-45f5-9289-db8417f014fc" ["source"]=> string(11) "reuters.com" ["publication_date"]=> string(10) "2022-11-07" ["categories"]=> array(2) { [0]=> string(11) "Acquisition" [1]=> string(6) "Merger" } } [6]=> array(7) { ["title_en"]=> string(73) "Philip Morris wins Elliott’s backing for $15.7bn Swedish Match takeover" ["snippet_en"]=> string(67) "Activist hedge fund stands to make about $150mn in profit from deal" ["url"]=> string(63) "https://www.ft.com/content/a624ec6b-bc6a-4b51-9d09-e83a532c4ddf" ["image_url"]=> string(78) "https://images.businessradar.com/articles/6c249022-9546-445f-ab79-fbe5c5bc51b2" ["source"]=> string(6) "ft.com" ["publication_date"]=> string(10) "2022-11-06" ["categories"]=> array(6) { [0]=> string(18) "Activist Investors" [1]=> string(11) "Acquisition" [2]=> string(7) "Funding" [3]=> string(6) "Merger" [4]=> string(31) "Financial Update/Profit Warning" [5]=> string(15) "Deals & Tenders" } } [7]=> array(7) { ["title_en"]=> string(75) "Philip Morris wins Elliott backing for $15.7 bln Swedish Match takeover -FT" ["snippet_en"]=> string(221) "Activist investor Elliott Management Corp has decided to back Philip Morris International's (PMI) $15.7 billion offer for Swedish Match AB , the Financial Times reported on Sunday, citing sources familiar with the matter." ["url"]=> string(118) "https://www.reuters.com/markets/deals/philip-morris-wins-elliott-backing-157-bln-swedish-match-takeover-ft-2022-11-06/" ["image_url"]=> string(78) "https://images.businessradar.com/articles/b358f6e8-5864-45f3-a477-39b2d7255951" ["source"]=> string(11) "reuters.com" ["publication_date"]=> string(10) "2022-11-06" ["categories"]=> array(2) { [0]=> string(11) "Acquisition" [1]=> string(6) "Merger" } } [8]=> array(7) { ["title_en"]=> string(72) "Elliott raises Swedish Match stake again as Philip Morris deadline looms" ["snippet_en"]=> string(244) "Activist investor Elliott Management Corp has raised its stake in Swedish Match( SWMA.ST) to over 10%, it said in a filing on Friday, increasing its clout over Philip Morris International 's( PMI)( PM.N)$ 16 billion takeover bid for the Swedish" ["url"]=> string(127) "https://www.reuters.com/markets/deals/elliott-ups-swedish-match-stake-over-10-philip-morris-takeover-deadline-looms-2022-10-28/" ["image_url"]=> string(78) "https://images.businessradar.com/articles/a7de0891-1742-4d0e-85f3-c0c557a58a9f" ["source"]=> string(11) "reuters.com" ["publication_date"]=> string(10) "2022-10-28" ["categories"]=> array(4) { [0]=> string(18) "General Investment" [1]=> string(11) "Acquisition" [2]=> string(18) "Activist Investors" [3]=> string(6) "Merger" } } } ["category_annotations"]=> array(30) { [0]=> array(2) { ["name"]=> string(12) "Stock Market" ["count"]=> int(273) } [1]=> array(2) { ["name"]=> string(5) "Legal" ["count"]=> int(187) } [2]=> array(2) { ["name"]=> string(18) "General Investment" ["count"]=> int(118) } [3]=> array(2) { ["name"]=> string(24) "Quarterly/Annual Figures" ["count"]=> int(115) } [4]=> array(2) { ["name"]=> string(11) "Acquisition" ["count"]=> int(105) } [5]=> array(2) { ["name"]=> string(31) "Financial Update/Profit Warning" ["count"]=> int(74) } [6]=> array(2) { ["name"]=> string(15) "Market Movement" ["count"]=> int(66) } [7]=> array(2) { ["name"]=> string(21) "Competitive Behaviour" ["count"]=> int(61) } [8]=> array(2) { ["name"]=> string(46) "Management of Legal and Regulatory Environment" ["count"]=> int(59) } [9]=> array(2) { ["name"]=> string(24) "Stock Research & Ratings" ["count"]=> int(57) } [10]=> array(2) { ["name"]=> string(17) "Commodity Pricing" ["count"]=> int(56) } [11]=> array(2) { ["name"]=> string(14) "Product Launch" ["count"]=> int(55) } [12]=> array(2) { ["name"]=> string(13) "Collaboration" ["count"]=> int(53) } [13]=> array(2) { ["name"]=> string(12) "Board Change" ["count"]=> int(51) } [14]=> array(2) { ["name"]=> string(6) "Merger" ["count"]=> int(50) } [15]=> array(2) { ["name"]=> string(10) "Litigation" ["count"]=> int(50) } [16]=> array(2) { ["name"]=> string(8) "Verdicts" ["count"]=> int(47) } [17]=> array(2) { ["name"]=> string(18) "Expansion & Growth" ["count"]=> int(45) } [18]=> array(2) { ["name"]=> string(25) "Business Model Resilience" ["count"]=> int(40) } [19]=> array(2) { ["name"]=> string(8) "Epidemic" ["count"]=> int(40) } [20]=> array(2) { ["name"]=> string(12) "Staff hiring" ["count"]=> int(38) } [21]=> array(2) { ["name"]=> string(19) "Government Policies" ["count"]=> int(38) } [22]=> array(2) { ["name"]=> string(19) "Economic Conditions" ["count"]=> int(36) } [23]=> array(2) { ["name"]=> string(14) "Issuing Shares" ["count"]=> int(36) } [24]=> array(2) { ["name"]=> string(5) "Award" ["count"]=> int(36) } [25]=> array(2) { ["name"]=> string(5) "Event" ["count"]=> int(33) } [26]=> array(2) { ["name"]=> string(15) "Deals & Tenders" ["count"]=> int(32) } [27]=> array(2) { ["name"]=> string(11) "Competition" ["count"]=> int(31) } [28]=> array(2) { ["name"]=> string(15) "Business Ethics" ["count"]=> int(30) } [29]=> array(2) { ["name"]=> string(19) "Green & Responsible" ["count"]=> int(27) } } } fc55e-us-philip-morris-international-inc

Philip Morris International Inc.

Location

Connecticut

Founded

1987-02-28

Website

https://www.pmi.com

Articles

2762 Articles

Category

Cigarettes

Description

Philip Morris International (PMI) is a leading international tobacco company engaged in the manufacture and sale of cigarettes, smoke-free products and associated electronic devices and accessories, and other nicotine-containing products in markets outside the U.S. PMI is building a future on a new category of smoke-free products that, while not risk-free, are a much better choice than continuing to smoke. PMI's smoke-free IQOS product portfolio includes heated tobacco and nicotine-containing vapor products. As of December 31, 2022, PMI estimates that approximately 17.8 million adult smokers around the world have already stopped smoking and switched to PMI’s heated tobacco product, which is currently available for sale in 73 markets in key cities or nationwide under the IQOS brand. For more information, see our PMI (https://www.pmi.com/) and PMIScience (https://www.pmiscience.com/) websites. Our priority is to attract, support and keep with us diverse and unique individuals. Our global workforce of more than 69,000 people is one of our greatest strengths and the key to our success as a company. Our employees speak more than 80 languages and come from all corners of the world. PMI has been certified as a “Global Top Employer” for the seventh consecutive year. PMI teams have been awarded in 50 countries; representing 5 regional certifications : Europe, the Middle East, Africa, North America and Latin America; in recognition of the high standards of excellence in our working environment and the exceptional development opportunities we offer. If you come into our offices or meet our people, you will quickly realize that at PMI everyone has the opportunity to make a difference and build phenomenal careers. With more than 1000 cross-functional moves a year, the opportunities for adventure are endless.

Articles

PMI’s $16 Billion Swedish Match Bid Passes 90% Threshold

2022-11-28 (bloomberglaw.com)

PMI’s $16 Billion Swedish Match Bid Passes 90% Threshold

Philip Morris International Inc. will take nicotine pouch maker Swedish Match AB private after its $16 billion takeover bid was accepted by more than 90% of shareholders.

Read more
Chris Hughes: Hedge funds forego round two in Philip Morris takeover fight

2022-11-09 (nny360.com)

Chris Hughes: Hedge funds forego round two in Philip Morris takeover fight

NEW YORK — Once you win over Elliott Management in your attempt to buy a company, your work is pretty much done.

Read more
Philip Morris Wins $16 Billion Battle for Swedish Match

2022-11-07 (bnnbloomberg.ca)

Philip Morris Wins $16 Billion Battle for Swedish Match

Philip Morris International Inc. is proceeding with the $16 billion takeover of nicotine pouch maker Swedish Match AB after securing support from enough shareholders, including Elliott Investment Management LP.

Read more
Elliott Management Backs Philip Morris's $16B Swedish Match Buyout

2022-11-07 (aol.com)

Elliott Management Backs Philip Morris's $16B Swedish Match Buyout

Philip Morris International Inc (NYSE: PM) is going ahead with its $16 billion takeover of Swedish Match AB (OTC: SWMAY) (OTC: SWMAF) despite failing to achieve the 90% acceptance rate. Marlboro maker had secured 82.59% of the Swedish company, short of the 90% level at which it can start a

Read more
Philip Morris is Proceeding with the $16 Billion Takeover of Nicotine Pouch Maker Swedish ... - Latest Tweet by Bloomberg | LatestLY

2022-11-07 (latestly.com)

Philip Morris is Proceeding with the $16 Billion Takeover of Nicotine Pouch Maker Swedish ... - Latest Tweet by Bloomberg | LatestLY

The latest Tweet by Bloomberg states, 'Philip Morris is proceeding with the$ 16 billion takeover of nicotine pouch maker Swedish Match after securing support from enough shareholders ...' Philip Morris is Proceeding with the$ 16 Billion Takeover of Nicotine Pouch Maker Swedish ...- Latest Tweet by

Read more
Philip Morris wins 83% stake in Swedish Match, goes ahead with $16 bln takeover

2022-11-07 (reuters.com)

Philip Morris wins 83% stake in Swedish Match, goes ahead with $16 bln takeover

Marlboro maker Philip Morris International (PMI) said on Monday it was going ahead with its $16 billion plan to buy Swedish Match despite winning accept from owners with no more than 82.59% of shares in the Swedish peer.

Read more
Philip Morris wins Elliott’s backing for $15.7bn Swedish Match takeover

2022-11-06 (ft.com)

Philip Morris wins Elliott’s backing for $15.7bn Swedish Match takeover

Activist hedge fund stands to make about $150mn in profit from deal

Read more
Philip Morris wins Elliott backing for $15.7 bln Swedish Match takeover -FT

2022-11-06 (reuters.com)

Philip Morris wins Elliott backing for $15.7 bln Swedish Match takeover -FT

Activist investor Elliott Management Corp has decided to back Philip Morris International's (PMI) $15.7 billion offer for Swedish Match AB , the Financial Times reported on Sunday, citing sources familiar with the matter.

Read more
Elliott raises Swedish Match stake again as Philip Morris deadline looms

2022-10-28 (reuters.com)

Elliott raises Swedish Match stake again as Philip Morris deadline looms

Activist investor Elliott Management Corp has raised its stake in Swedish Match( SWMA.ST) to over 10%, it said in a filing on Friday, increasing its clout over Philip Morris International 's( PMI)( PM.N)$ 16 billion takeover bid for the Swedish

Read more

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