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Marlboro owner invests $12.8 billion in e-cigarette maker Juul
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Marlboro owner invests $12.8 billion in e-cigarette maker Juul
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24th December 2018, 07:51
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 153,541
 |  Marlboro owner invests $12.8 billion in e-cigarette maker Juul Tobacco giant Altria (which owns Marlboro and Virginia Slims) has bought a 35 percent stake in Juul for $12.8 billion. The major deal pegs the e-cigarette company's valuation at $38 billion, which more than doubles its value since a previous investme... https://www.engadget.com/2018/12/20/...g-big-tobacco/ |
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