Markets Business Research Reports Exclusives Economy & Finance Law & Policy

Philip Morris Raises Cash Offer for Vectura to 165p Per Share

Philip Morris Raises Bid for Vectura to 165p Per Share

Crystal Chui

(Bloomberg) -- Philip Morris International Inc. is raising its bid for the U.K. asthma drug maker Vectura Group Plc to 165 pence apiece, the company announced on Sunday.

The increased offer s Vectura’s shares at about GBP1.02 billion, according to an emailed statement.

NOTE, from Aug 6: Carlyle Raises Offer for Vectura, Elbowing Out Philip Morris

©2021 Bloomberg L.P.

Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
GET REGULAR UPDATES

RECOMMENDED FOR YOU

CFO Leaders: The Making Of Five Star CFOs 
timelogo Jan 14, 2021
Stocks Rise, Treasuries Fall on Stimulus Bets: Markets Wrap
timelogo Aug 19, 2019
Stocks End Record-Setting Week With Further Gains: Markets Wrap
timelogo Jul 15, 2019
The Mutual Fund Show: The Dos And Don’ts Of Online Investing
timelogo Apr 27, 2019

POPULAR

1
Chinese Industrial Goods Imports To India Jump To 30% From 21% In 15 Years: GTRI
2
AU Small Finance Bank Aims To Double Balance Sheet To Rs 2.5 Lakh Crore
3
Bould Eyes Rs 1,000-Crore Revenue In Run-Up To 2025 IPO
4
Tata Steel CEO Calls For Vigilance As Steel Imports Soar
5
Government Summit On Critical Minerals Begins Monday