UPDATE 1-Philip Morris gets over a fifth of Vectura shares in takeover tender offer - NewsBreak
By Austine in Business
Updated 3 years ago
(Adds details on tender offer, letter to shareholders) Aug 18 (Reuters) - Cigarette maker Philip Morris International (PMI) said on Wednesday shareholders holding 22.61% of Vectura shares had tendered their stock to the tobacco group as part of its deal to buy the asthma drug maker for 1.1 billion pounds ($1.51 billion).