Previous close | 10.29 |
Open | 10.29 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 90.00 |
Expiry date | 2024-06-28 |
Day's range | 10.29 - 10.29 |
Contract range | N/A |
Volume | |
Open interest | 5 |
(Bloomberg) -- Philip Morris International Inc. stopped online sales of its popular nicotine pouch brand Zyn in the US after an affiliate received a subpoena in the District of Columbia. Most Read from BloombergFlesh-Eating Bacteria That Can Kill in Two Days Spreads in JapanThese Are the World’s Most Expensive Cities for Expats in 2024What to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanHedge Funds’ Secret Weapon to Fight the SEC Lives in TexasEx-Trump Adviser Urges Him to Cut T
Philip Morris bought Swedish Match in a $16 billion deal in 2022 as the company looked to reduce its reliance on cigarettes amid stricter regulations, and a consumer shift towards alternatives to tobacco and traditional cigarettes. The company said that Swedish Match North America had received a subpoena from D.C.'s Attorney General requesting information about its compliance with D.C.'s 2022 ban on the sale of all flavored tobacco.
STAMFORD, CT, June 17, 2024--Regulatory News: Swedish Match North America LLC ("SMNA"), a Philip Morris International Inc. ("PMI" or "Company") affiliate acquired in November 2022, has received a subpoena from the Attorney General of the District of Columbia (also referred to in this press release as, "D.C.") requesting, among other things, information about SMNA’s compliance with D.C.’s ban on the sale of flavored products as it relates to ZYN nicotine pouches.