Philip Morris International (PM) Raises Quarterly Dividend 4.2% to $1.25; 4.9% Yield

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Philip Morris International (PM) Announces Offer for Vectura Group PLC Becomes Unconditional

September 16, 2021 5:51 AM EDT

PMI Global Services Inc. (PMI) (NYSE: PM) today announced that its offer for Vectura Group plc (Vectura) has become unconditional, having received valid acceptances for or acquired 74.77 % of Vectura shares, in excess of the 50% required under the acceptance condition, as well as confirming that all other conditions to the offer have been satisfied or waived. PMI has extended the offer to allow for the tender of further shares.

We have reached an important milestone in our acquisition of Vectura and are pleased to have secured over 74% of the companys shares, in... More