Prince albert Tobacco Pays $30 Million for Tobacco Advertising in India
By MIRI DUTTAKAR | Reuters| January 27, 2019 11:19:03The world’s largest tobacco company, Philip Morris International, paid $30 million to buy a 24 percent stake in an online cigarette seller in India.The deal, which has not been disclosed, will give Philip Morris an 11 percent stake.The company said in a statement that it will invest…