Framtiden Partnerships, a long-term shareholder of Swedish Match AB of nearly two decades, said it will not accept Marlboro maker Philip Morris International Inc’s higher offer of 116 Swedish ...

Swedish real estate entrepreneur Erik Selin, who according to Swedish Match's website on Aug. 20 owned around 0.4%, told Reuters previously he planned on accepting the offer.

Gov. Andy Beshear announced Tuesday, Owensboro will soon be home to a $232 million investment by Philip Morris International Inc. affiliate Swedish Match which will produce ZYN nicotine pouches.

Philip Morris International Inc. PM -0.80% raised its offer for Swedish Match AB by 9.4% and has agreed to pay $2.7 billion to regain the U.S. rights for its IQOS heated tobacco products from ...