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Philip Morris International eyes selling its US cigar business for over $1 billion to focus on smoke-free products.
Philip Morris International is considering selling its US cigar business for over $1 billion, shifting focus towards smoke-free products.
This move reflects the company's strategy to adapt to declining smoking rates and increased public health scrutiny.
The sale, if finalized, could redirect resources into alternative products like nicotine pouches, which have seen rising demand.
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Philip Morris International espera vender su negocio de cigarros en Estados Unidos por más de mil millones de dólares para centrarse en productos sin humo.