M&A - Philip Morris International Inc.
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Form Type: 8-K
Filing Date: 2025-01-02
Corporate Action: Acquisition
Type: New
Accession Number: 000141332925000002
Filing Summary: On December 31, 2024, Philip Morris International Inc. completed the sale of its subsidiary Vectura Group Ltd. to Molex Asia Holdings Ltd. This transaction aligns with the previously announced terms made on September 17, 2024, indicating a strategic focus on streamlining operations by divesting non-core subsidiaries.
Document Link: View Document
Additional details:
Date Of Report: 2024-12-31
Selling Company: Philip Morris International Inc.
Acquired Company: Vectura Group Ltd.
Acquirer: Molex Asia Holdings Ltd.
Transaction Type: sale
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