Swedish Match

SWMA

SE0015812219

Tobacco

Delayed Nasdaq Stockholm Other stock markets 11:29:52 2022-12-30 am EST			5-day change	1st Jan Change
113.6 ^SEK	-.--%		-.--%	-.--%

2023	An unknown buyer acquired SMD Logistics AB from Swedish Match AB.	CI
2023	Global markets live: HP Inc, American Airlines, Nvidia, Goldman Sachs...

Swedish Match recommends shareholders accept Philip Morris' sweetened offer

October 27, 2022 at 03:07 pm EDT

(Reuters) - Tobacco company Swedish Match AB on Thursday recommended that shareholders accept Marlboro maker Philip Morris International Inc's raised buyout bid for the company.

Although Philip Morris raised its bid by more than 9% to 116 Swedish crowns per share earlier this month and called that its "best and final price", it had been met with some opposition from Swedish Match shareholders.

(Reporting by Eva Mathews in Bengaluru; Editing by Shinjini Ganguli)

Latest news about Swedish Match

An unknown buyer acquired SMD Logistics AB from Swedish Match AB.	23-07-19	CI
Global markets live: HP Inc, American Airlines, Nvidia, Goldman Sachs...	23-05-31
Swedish Match AB Reports Earnings Results for the Full Year Ended December 31, 2022	23-04-24	CI
Philip Morris Holland Holdings B.V. acquired a 85.87% stake in Swedish Match AB.	23-02-08	CI
Swedish Match AB Proposes to Dismiss Board Directors, Effective January 16, 2023	22-12-14	CI
Swedish Match Files To Delist From Nasdaq Stockholm Amid Unconditional Philip Morris Deal	22-12-05	MT
Swedish Match AB(OM:SWMA) dropped from S&P EUROPE 350 - Food Beverage & Tobacco (Industry Group)	22-12-02	CI
Swedish Match AB(OM:SWMA) dropped from S&P EUROPE 350 - Consumer Staples	22-12-02	CI
Swedish Match AB(OM:SWMA) dropped from S&P EUROPE 350	22-12-02	CI
Swedish Match AB(OM:SWMA) dropped from S&P Global 1200	22-12-02	CI
Swedish Match AB(OM:SWMA) dropped from S&P International 700	22-12-02	CI
Swedish Match AB(OM:SWMA) dropped from S&P Global BMI Index	22-12-02	CI
Swedish Match AB(OM:SWMA) dropped from FTSE All-World Index	22-12-01	CI
Goldman Sachs Lifts PT on Philip Morris International to $95 From $85 After Completing Swedish Match Tender Offer, Notes Lower Foreign Exchange Headwinds; Neutral Rating Kept	22-11-30	MT
Philip Morris Acquisition of Swedish Match is 'Key Strategic Positive,' Goldman Sachs Says	22-11-29	MT
Hawkish European Central Bank, Protests in China Weigh on European Equities	22-11-28	MT
Soaring Covid cases in China spell trouble for global markets	22-11-28
Philip Morris International Buys 93.11% Stake in Swedish Match	22-11-28	MT
Philip Morris International To Request Delisting Of Swedish Match After Amassing 93% Stake	22-11-28	MT
Philip Morris to de-list Swedish Match after raising stake to 93%	22-11-28	RE
Philip Morris says to delist Swedish Match after raising stake to 93%	22-11-28	RE
Philip Morris Holland Holdings B.V. completed the acquisition of Swedish Match AB (OM:SWMA).	22-11-24	CI
Swedish Match AB(OM:SWMA) dropped from OMX Nordic 40 Index	22-11-16	CI
Swedish Match AB(OM:SWMA) dropped from OMX Nordic All-Share Index	22-11-16	CI
Swedish Match AB(OM:SWMA) dropped from OMX Stockholm 30 Index	22-11-16	CI

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Company Profile

Swedish Match AB is a Sweden-based company, that develops, manufactures, and sells nicotine products. The Company manufactures snus, nicotine pouches, moist snuff, pouch products with neither nicotine nor tobacco, chew bags, tobacco bits, chewing tobacco, cigars, matches and lighters. The Groupâs product segments are Smokefree, Cigars, and Lights. The Group sells products across the globe, with production units in seven countries.

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Tobacco

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