(Reuters) - "Over the next several months, we will continue to carefully and diligently examine the benefits of a spinoff of Phillip Morris International and other enhancing options to decide the optimal long strategic course to follow," Dinyar Devitre, Altria chief financial officer, said during a conference call with analysts.
Analysts have expected a spinoff of the international tobacco business, which has shown stronger growth than the Philip Morris USA unit, as a second step in the company's corporate overhaul.
Read more at Reuters.com Mergers News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment