(Reuters) -Altria Group Inc said on Monday it would buy startup NJOY Holdings Inc for about $2.75 billion in cash, in a fresh bet by the Marlboro maker on the e-cigarette market after losing billions ...
Altria is reportedly in "advanced talks" to acquire #3 U.S. e-cigarette maker NJOY for $2.75bn. We see this as the wrong decision. NJOY is a distant #3 in U.S. Vapor. Precedents elsewhere suggest it ...
Altria Group Inc (NYSE: MO) is reportedly in talks to buy e-cigarette startup NJOY Holdings Inc, along with plans to divest its stake in Juul Labs Inc. The Marlboro maker is expected to acquire NJOY ...
The FDA recently authorized the sale of four menthol-flavored NJOY products from Altria. NJOY could help the company return to revenue growth. The stock is inexpensive with a robust dividend that is ...
Distribution is expected to grow to approximately 100,000 stores by year's end. In the first quarter of 2024, NJOY broadened distribution to more than 80,000 stores and expects to expand to ...
While Altria's share price hasn't particularly moved in recent months, there have been two crucial developments for it. One, the company's dividend increase has raised the forward yield to 8.2%, which ...
Altria Group Inc. MO said Monday it has agreed to acquire NJOY Holdings Inc. for about $2.75 billion cash to be paid at closing. The tobacco giant said the deal will give it control of all of NJOY’s e ...