Tag: Altria
FTC Drops Complaint After Altria’s Juul Exit
The U.S. Federal Trade Commission (FTC) announced July 3 that it had dismissed a complaint against cigarette maker Altria Group and e-cigarette manufacturer Juul...
UK’s Philip Morris Foresees No Future Merger With Altria
Philip Morris' chief has said the two houses of Marlboro will not be reunited, telling the Financial Times that PMI will no longer pursue...
Juul, Altria Must Face Antitrust Suit Over 2018 Merger
A federal judge has allowed most claims to go forward in antitrust litigation by e-cigarette purchasers accusing Juul Labs Inc and Altria Group Inc...
JUUL & Altria Now Face Class Action Antitrust Suit
Customer Douglas J. Reece filed a class action lawsuit against JUUL and Altria on April 7 alleging that anticompetitive agreements between the two companies...
FTC Sues To Undo Altria’s $12.8B Deal With Juul
The Federal Trade Commission’s antitrust lawsuit against Altria Group Inc. and Juul Labs focuses largely on a noncompete agreement in which the tobacco giant...
Juul Forces Altria To Take $4.1B Write-Down
Altria reported a US$4.1 billion write-down on its Juul Labs investment on Thursday, January 20, another sizable charge as the vaping crisis continues to...
US: Antitrust probe stalling Altria’s $12.8B deal with Juul
A federal antitrust probe is reportedly stalling tobacco titan Altria’s US$12.8 billion tie-up with Juul more than a year after the investment was announced.
The...
US: Altria and Philip Morris in talks to reunite forming...
Philip Morris International (PMI) and Altria, which used to be one, giant tobacco company, may merge once again, reported the Financial Times.
Both companies sell...
US: FTC wants more info on Altria’s JUUL investment
Altria Group gets a request for additional information from the US Federal Trade Commission (FTC) regarding its investment in JUUL Labs that closed in...
US: Altria in talks to take a minority stake in Juul
Altria is in talks to take a significant minority stake in e-cigarette company Juul, The Financial Times reported on Wednesday.
Any deal is likely several...
