Elliott Management backs PMI’s $15.7bn Swedish Match takeover bid

(Hedgeweek) Elliott Management, the biggest shareholder in Swedish Match, is set to make around $150 million after deciding to back Philip Morris International’s (PMI) $15.7bn offer for the smokeless tobacco specialist, according to a report by the Financial Times.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Comments are closed.