The cigarette maker is gathering up stock from other international investors to move towards majority ownershipAmerican tobacco giant Philip Morris International (PMI) has snapped up a 22.6% stake in Vectura as it closes in on a controversial £1.1bn ta…
Vectura shareholders urged to reject Philip Morris takeover
Health experts, medics and charities warn £1.1bn tobacco firm deal could cost inhaler maker access to government grantsShareholders in the asthma inhaler maker Vectura have been urged to reject a £1.1bn takeover by the tobacco company Philip Morris Int…
Vectura board unanimously accepts Philip Morris’s controversial takeover bid
UK health firm, which makes asthma inhalers, said the tobacco company’s bid was ‘fair and reasonable’The board of the UK asthma inhaler maker Vectura has unanimously recommended that shareholders accept a controversial £1.1bn takeover bid from the toba…
Carlyle ups bid for inhaler firm Vectura, trumping tobacco giant Philip Morris
Offer for UK company from Marlboro cigarettes maker had alarmed medical expertsUS private equity firm Carlyle has made an improved £958m takeover offer for British inhaler maker Vectura, trumping an earlier bid from tobacco company Philip Morris Intern…