قالب وردپرس درنا توس
Home / Business / Altria cuts the value of Juul Stake by $ 4.5 billion

Altria cuts the value of Juul Stake by $ 4.5 billion



Altria Group Inc. cut its investment in Juul Labs Inc. by more than a third and now holds it at a price that values ​​the e-cigarette manufacturer at about $ 24 billion.

The Marlboro manufacturer cited unexpected shifts in the market, including proposed US bans on e-cigarette flavors and regulatory outbreaks overseas, for its decision to reduce investment value by $ 4.5 billion.

“Or …


Source link