The investor now owns 10.5 percent, enough to scupper PMI’s bid if it rejects the offer. Read More
Tags :Swedish Match
The offer represents a 52.5 percent premium over the closing share price on May 9.Read More
The body is satisfied with PMI’s offer to divest Swedish Match’s logistics arm in Sweden. Read More
Made easier by the strength of the dollar, the increase may help PMI overcome resistance to the deal from certain investors.Read More
The proposed takeover is still awaiting regulatory approval from the European Commission. Read More
The offer is “even more attractive” in the changed economic climate, says CEO.Read More
The investor joins Elliott and Bronte Capital in demanding a higher price. Read More
Acceptance of the PMI offer should be reported only when it is declared unconditional. Read More
At the end of its scrutiny, the enforcer can clear the deal with or without remedies or open an investigationRead More
The firm wants to boost the chance the deal will succeed amid shareholder opposition.Read More
