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submitted 4 days ago by MicroWave@lemmy.world to c/world@lemmy.world

The tobacco giant that makes Marlboro cigarettes has sold a UK inhaler company for a knock-down price due to what it calls an "unwarranted" backlash.

Philip Morris International (PMI) has offloaded Vectura Group for £150m ($198m) just three years after buying it in a deal worth more than £1bn.

PMI's decision to buy Vectura, which makes inhalers to treat lung conditions such as asthma, was criticised as being hypocritical.

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[-] JASN_DE@lemmy.world 27 points 4 days ago

unwarranted

You keep using that word. I do not think it means what you think it means.

this post was submitted on 20 Sep 2024
101 points (100.0% liked)

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