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flag Philip Morris International eyes selling its US cigar business for over $1 billion to focus on smoke-free products.

flag Philip Morris International is considering selling its US cigar business for over $1 billion, shifting focus towards smoke-free products. flag This move reflects the company's strategy to adapt to declining smoking rates and increased public health scrutiny. flag The sale, if finalized, could redirect resources into alternative products like nicotine pouches, which have seen rising demand.

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