Philip Morris seals deal to buy UK’s Vectura with 75% stake tendered

Sept 16 (Reuters) – Cigarette maker Philip Morris (PMI) (PM.N) said it had received about 75% of Vectura (VEC.L) shares from shareholders as part of a public tender offer process to acquire the British company, following a bidding war with Carlyle (CG.O).

Read more at https://www.reuters.com/business/philip-morris-seals-deal-buy-vectura-with-75-shares-tendered-2021-09-16/