Tag: Mexico

Smoking rebounding

Smoking rebounding

| June 5, 2017

Consumers in Mexico seem to be returning to licit cigarettes after a period in which anti-smoking initiatives caused consumption of such products to drop by 35 percent.

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PMI buys remaining shares of PM Mexico

PMI buys remaining shares of PM Mexico

| May 21, 2013

Philip Morris International will buy Grupo Carso’s 20 percent share in Philip Morris Mexico (PMM)) for approximately $700 million. The purchasing price is subject to a potential adjustment based on PMM’s performance over three years ending two fiscal years after the closing of the purchase. The transaction, which will give PMI a 100 percent share […]

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