PMI to De-list Swedish Match After Raising Stake to 93%

MarketEvents

Nov.29.2022

Reuters - Philip Morris International (PMI) said on Monday it now owned a big enough stake in Swedish Match to initiate a compulsory redemption of remaining shares in its Swedish peer and would take it off the stock market.

Marlboro maker PMI in May launched a $16 billion takeover bid for the Swedish tobacco and nicotine products company.

Also read:

Philip Morris International in Advanced Talks to Acquire Swedish Match

#Europe #Traditional tobacco #Sweden #PMI #Major companies

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China Tobacco Regulation Shift：Policy Updates and Market Impact

China Tobacco Regulation Shift：Policy Updates and Market Impact

UK Councils Seize More Than 1.3 Million Non-Compliant Vapes One Year After Disposable Ban

UK Councils Seize More Than 1.3 Million Non-Compliant Vapes One Year After Disposable Ban

One year after the UK disposable vape ban came into force, local authorities continue to seize illegal and non-compliant vaping products. FOI data compiled by nicotine retailer Northerner shows more than 1.3 million products were seized between June 2025 and May 2026, with Bolton recording the highest number of seizures and Swansea reporting the highest estimated value.

UK PM Andy Burnham Reshapes Vape Retail Rules as Licensing Could Raise Barriers for New Shops

UK PM Andy Burnham Reshapes Vape Retail Rules as Licensing Could Raise Barriers for New Shops

UK Prime Minister Andy Burnham is pushing a high street reform agenda that could give local authorities greater powers over commercial activity, including vape retail. The reforms could involve expanded planning powers and a potential vape retail licensing system, allowing councils to play a larger role in store locations and market access. The measures are part of the UK’s broader shift toward tighter vape regulation, although no nationwide vape retail restrictions have yet been implemented.

UK Proposes Stricter Vape Packaging Rules as Retailers Warn of £330 Million Impact

UK Proposes Stricter Vape Packaging Rules as Retailers Warn of £330 Million Impact

The UK government has launched a nationwide consultation on vape packaging, appearance and retail displays, proposing tighter rules to reduce youth appeal while industry groups warn of significant compliance costs.

Supreme Vape Revenue Rises 15% Despite UK Disposable Vape Ban

Supreme Vape Revenue Rises 15% Despite UK Disposable Vape Ban

UK consumer goods group Supreme said its vaping revenue rose 15% to £148.1 million in the year to March 31, 2026, despite the UK disposable vape ban taking effect during the period, while the company identified the Vaping Products Duty due in October as the next major industry milestone.

Jul.03 by 2Firsts Perspectives

UK Parliament Briefing Puts Vape Hardware Design and Materials in Regulatory Focus

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The UK Parliament’s Parliamentary Office of Science and Technology (POST) has published a scientific briefing reviewing current evidence on the health effects of vape device components, including heating elements, power settings, metals, plastics, batteries and e-liquid ingredients, signalling growing regulatory attention to device design and whole-product systems beyond e-liquids, flavours and packaging.

Product | Republic Technologies Launches ZIG Nicotine Pouches, Expanding Beyond Traditional Tobacco Accessories

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Republic Technologies UK has entered the nicotine pouch market with ZIG Nicotine Pouches, marking the company’s expansion beyond traditional tobacco-related accessories into smoke-free nicotine products. The product is expected to enter UK retail channels from August 2026, including convenience stores, supermarkets and tobacco retailers. The launch includes six flavors and three nicotine strengths: 8mg, 12mg and 17mg.

Jul.21 by 2Firsts Perspectives

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UK Councils Seize More Than 1.3 Million Non-Compliant Vapes One Year After Disposable Ban

UK Councils Seize More Than 1.3 Million Non-Compliant Vapes One Year After Disposable Ban

UK PM Andy Burnham Reshapes Vape Retail Rules as Licensing Could Raise Barriers for New Shops

UK PM Andy Burnham Reshapes Vape Retail Rules as Licensing Could Raise Barriers for New Shops

UK Proposes Stricter Vape Packaging Rules as Retailers Warn of £330 Million Impact

UK Proposes Stricter Vape Packaging Rules as Retailers Warn of £330 Million Impact

Supreme Vape Revenue Rises 15% Despite UK Disposable Vape Ban

Supreme Vape Revenue Rises 15% Despite UK Disposable Vape Ban

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UK Parliament Briefing Puts Vape Hardware Design and Materials in Regulatory Focus

UK Parliament Briefing Puts Vape Hardware Design and Materials in Regulatory Focus

Product | Republic Technologies Launches ZIG Nicotine Pouches, Expanding Beyond Traditional Tobacco Accessories

Product | Republic Technologies Launches ZIG Nicotine Pouches, Expanding Beyond Traditional Tobacco Accessories

2Firsts Perspectives