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KM Financial Solutions | UPDATE 3-Altria to buy $12.8 bln minority stake in e-cigarette company Juul
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UPDATE 3-Altria to buy $12.8 bln minority stake in e-cigarette company Juul

19 Dec UPDATE 3-Altria to buy $12.8 bln minority stake in e-cigarette company Juul

Posted at 18:29h in News by
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Marlboro cigarette maker Altria Group Inc
will buy a 35 percent stake in Juul Labs Inc for $12.8
billion, a marriage between an old-line tobacco giant and a
fast-growing electronic-cigarette rival looking to make inroads
among smokers.

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