The Washington Post

Philip Morris Internatio­nal


is in talks to buy Swedish Match, a maker of smokeless tobacco products, in a deal that would accelerate the Marlboro maker’s push into cigarette alternativ­es. Swedish Match and Philip Morris Internatio­nal confirmed the discussion­s in statements Monday, saying that talks are ongoing and that there’s no certainty an offer will be made. Swedish Match has a market valuation of about $11.5 billion.

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