Vectura: Marlboro giant seals takeover of UK inhaler firm

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Philip Morris International clinches its £1.1bn bid for the UK inhaler firm Vectura. …

In a statement, PMI’s chief executive, Jacek Olczak, said: “We have reached an important milestone in our acquisition of Vectura and are pleased to have secured over 74% of the company’s shares, in excess of the 50% required to make our offer unconditional and PMI the majority shareholder.

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