Altria's $12.8 billion deal with Juul, which gave Altria a 35% stake in the vaping company, still needs antitrust approval from the agency.
"The FTC issued a Civil Investigative Demand to Altria while it was conducting its antitrust review of Altria's investment in JUUL seeking information regarding, among other things, Altria's role in the resignation of JUUL's former chief executive officer and the hiring by JUUL of any current or former Altria director, executive or employee," Altria disclosed in the filing.
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Altria writes down investment in troubled e-cigarette maker Juul by $4.5 billionAltria wrote down its investment in Juul by about one-third, recording a $4.5 billion pre-tax charge against its third-quarter earnings, the company said Thursday.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »
Altria writes down Juul investment by $4.5 billionAltria wrote down its investment in Juul by about one-third, recording a $4.5 billion pre-tax charge against its third-quarter earnings, the company said Thursday.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »
Altria writes down Juul investment by $4.5 billion amid vaping crackdownThe tobacco giant said no single factor led to the charge, but it did cite the increasing regulatory pressure on vaping.
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »
Altria writes down Juul investment by $4.5 billion amid vaping backlashAltria takes $4.5 billion hit from its investment in electronic-cigarette maker Juul amid vaping backlash Bad move ...in my mind premature. Better of doubling down on research why what 'causing' lung disease...over reaction in face of plain cigarette smoking known dangers...somebody will make a killing on swings and asset stripping.
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »