In this July 17, 2012 file photo, Marlboro cigarettes are displayed in Montpelier, Vermont.... For years, Philip Morris has said that its future will not include Marlboro cigarettes as it shifts to electronic devices.... The goal of Philip Morris, it has said, is to become a majority smoke-free company in terms of net revenues by the end of 2025....

NEW YORK--Philip Morris will attempt to step further into the smoke-free tobacco market, offering to buy the chewing tobacco company Swedish Match for about$ 16 billion in cash. Philip Morris is offering$ 10.62( 106 Swedish krona) for each share of Swedish Match, a premium of about 39% to its closing price Monday before the potential deal was first reported in The Wall Street Journal. Swedish Match, based in Stockholm, makes nicotine pouches, chewing tobacco and moist snuff, among other products

PETALING JAYA: Philip Morris International( PMI) has announced that it has reached its global company-wide target to improve its gender balance, which will see at least 40% female representation in managerial roles by 2022.“ I am immensely proud of PMI’s vision, commitment and achievement in ensuring equal opportunities are given to all in the workplace, irrespective of gender.... Meeting this target demonstrates that our inclusion and diversity strategy is working, ” PMI chief executive office

The plant is known for producing Kalashnikov PKM and PKTM machine guns, as well as Kord rifles and machine guns, some of which are mounted on armored vehicles.... In its April 8 sanctions document, the EU referred to Kesaev as “ the major shareholder of Degtyarev Plant.” Until recently, Kesaev was also the board chairman of a sprawling Russian tobacco distribution company, TC Megapolis JSC.... Kesaev resigned both posts April 11, according to Philip Morris and a TC Megapolis JSC press release.