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Food and Drug Administration ban on sale of company’s e-cigarette products leaves stock looking cheap
Chief executive Jacek Olczak tells FT that chapter involving fellow tobacco group is ‘closed’
Many backlashes stem from plan changes to ensure bonuses were paid out during pandemic
Howard Willard, recovering from coronavirus, steps down after 28 years with tobacco group
Boutique Wall Street banks to oversee government aid for airline and aerospace industries
FTC alleges tobacco group and e-cigarette maker went from ‘competitors to collaborators’
Fidelity and Tiger Global have already cut value of stakes but may cut again
Tobacco group takes $4.1bn writedown and ends distribution deal with e-cigarette maker
Until the smoke clears on the vaping regulatory front the pain is unlikely to ease
Tobacco group’s decision comes amid increased concern about health effects of vaping
Research shows e-cigarettes are a powerful weapon against smoking
Tobacco veteran KC Crosthwaite must guide e-cigarette brand through public health storm
E-cigarette start-up faces legal hurdles as it grapples with backlash over vaping
The collapse of PMI-Altria talks is a rare bright spot amid dealmaking juggernaut
Welcome to Due Diligence, the FT’s daily deals briefing
Souring taste of Juul cuts appetite for deal
Juul ousts CEO and suspends US ads as Philip Morris International and Altria end $200bn merger talks
Health officials have increased scrutiny of vaping after lung illnesses and deaths
The lasting value of the two Marlboro makers has surprised and dismayed public health advocates
Ambitions to combine the companies behind the Marlboro brand raise concerns on Wall Street
Move to recombine comes a decade after companies split into US and international arms
Tobacco companies face challenge in convincing investors of merits of $200bn deal
The case for re-unification lies in the push for tobacco alternatives
Decision will boost company’s push into ‘reduced risk’ products as cigarettes fall out of favour
Vaping company’s UK chief says he had reservations about tie-up with Marlboro maker
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