Philip Morris International

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Buy British – after all, that’s what US private equity is doing
This week should see several transatlantic takeovers succeed – raising some old fears about UK business culture

Jasper Jolly

16, Oct, 2021 @11:05 PM

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‘I have to be brave to get my material’: John Safran on humour, lies and Philip Morris
John Safran has made a career of probing society’s fringes for satire. Now the perpetual provocateur takes on the Earth’s largest cigarette company

Martin McKenzie-Murray

18, Sep, 2021 @8:00 PM

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Inhaler firm Vectura removed from conference over Philip Morris takeover
Academics object to UK company’s sponsorship of pharmaceutical event after tobacco giant seals £1.1bn deal

Julia Kollewe and Rob Davies

16, Sep, 2021 @6:00 PM

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Foreign takeovers of UK firms hit highest level since 2018
ONS figures for April to June show total value of mergers and acquisitions surging to £27.7bn after £8.3bn in first quarter

Julia Kollewe

07, Sep, 2021 @1:09 PM

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City veteran Simon Laffin on the challenges posed by controversial takeovers
Weighing up the role boards must play as Morrisons, Meggitt and more make the headlines

Zoe Wood

30, Aug, 2021 @1:53 PM

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Top executives’ pay fell during Covid crisis, but don’t expect it to stay down for long | Nils Pratley
Pay committees read popular mood correctly during pandemic but how they behave on way back up will be revealing

Nils Pratley

19, Aug, 2021 @6:00 AM

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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 grants

Rob Davies

17, Aug, 2021 @11:01 PM

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The Vectura board has stretched fiduciary duty beyond breaking point | Nils Pratley
Were its scientists consulted before their healthcare company was sold to a tobacco giant?

Nils Pratley

12, Aug, 2021 @7:15 PM

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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’

Julia Kollewe and Rupert Neate

12, Aug, 2021 @6:29 PM

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Health firm Vectura faced with choice between Carlyle and Philip Morris
Private equity group confirms its offer – lower than the tobacco firm’s – is final, leaving shareholders with a dilemma

Rupert Neate

10, Aug, 2021 @6:17 PM

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Vectura board needs to see through the smoke | Nils Pratley
The asthma inhaler-making company can surely see that healthcare and tobacco don’t mix

Nils Pratley

09, Aug, 2021 @7:03 PM

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Health charities voice concern at Philip Morris’s £1bn bid for Vectura
Tobacco company’s interest in asthma inhaler maker triggers rare quickfire auction

Rob Davies

09, Aug, 2021 @6:59 PM

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