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American multinational corporation

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Altria: American multinational corporation
Altria Group, Inc. is an American corporation and one of the world's largest producers and marketers of tobacco, cigarettes and related products. It operates worldwide and is headquartered in unincorporated Henrico County, Virginia, just outside the city of Richmond.


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Vaping crackdown costs Juul investor more than $8bn

Marlboro-maker Altria says its stake in Juul is now worth less than a third of what it paid for it.
BBC News - Published

Altria takes another $4 billion hit on Juul investment, revises deal terms

Altria Group Inc took another $4 billion charge on its investment in Juul Labs Inc and said it had reworked its deal terms with the embattled e-cigarette maker, which is facing increased regulatory..
Reuters - Published

Addictive nicotine in Juul nearly identical to a Marlboro: study

The nicotine formula used by controversial e-cigarette maker Juul Labs Inc is nearly identical to the flavor and addictive profile of Altria Group Inc's highly successful Marlboro cigarette brand, new..
Reuters - Published

Altria writes down Juul investment by $4.5 billion amid vaping backlash

Altria Inc took a $4.5 billion hit from its investment in embattled electronic-cigarette maker Juul Labs Inc on Thursday, the latest setback for the startup as a regulatory crackdown on vaping..
Reuters - Published

Altria takes $4.5 billion charge as Juul investment sours amid vaping backlash

Altria Inc took a $4.5 billion hit from its investment in electronic-cigarette maker Juul Labs Inc on Thursday as it faced up to the financial fallout of a regulatory crackdown on the vaping industry..
Reuters - Published

Juul boss exits in vaping crisis as Philip Morris, Altria axe merger talks

The chief executive of e-cigarette maker Juul stepped down on Wednesday as merger talks between its biggest investor Altria and Philip Morris collapsed in the face of a regulatory backlash against..
Reuters - Published

Philip Morris and Altria ditch merger talks as Juul faces crisis

Tobacco giants Philip Morris International and Altria Group have scrapped merger talks as Altria-backed e-cigarette maker Juul Labs sank deeper into crisis and said it would suspend advertising in the..
Reuters - Published

Juul Labs suspends advertising in U.S., replaces CEO

Juul Labs said on Wednesday it would suspend all broadcast, print and digital product advertising in the United States, and replaced Chief Executive Officer Kevin Burns with Altria Group Inc executive..
Reuters - Published

Philip Morris, Altria call off merger talks

Philip Morris International Inc has abandoned merger talks with Altria Group Inc and will instead focus on the launch of its tobacco heating product iQOS in the United States, the company said on..
Reuters - Published

Philip Morris in merger talks with Altria; e-cigs at stake

Philip Morris International Inc and Altria Group Inc are discussing an all-stock merger, potentially reuniting two of the world's largest tobacco companies in a bid to dominate the fast-growing..
Reuters - Published

Philip Morris in talks to reunite with Altria

Philip Morris International Inc and Altria Group Inc are in talks for an all-stock merger, potentially reuniting the tobacco giants after more than a decade in a deal aimed at dominating the..
Reuters - Published