Mergers & Acquisitions Mergers & Acquisitions

Philip Morris gets Brazilian nod to acquire Swedish Match

By Ana Paula Candil
  • 08 Jul 2022 14:03
  • 08 Jul 2022 15:19
US tobacco giant Philip Morris and rival Swedish Match have received Brazilian antitrust clearance, without conditions, for their deal.
Philip Morris is planning to acquire Swedish Match for $16 billion. The parties filed paperwork in Brazil with the Administrative Council for Economic Defense, or CADE, on June 10 through the

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Ana Paula Candil

Senior Correspondent, Latin America

Ana Paula joined MLex in Brazil in 2014 writing about antitrust investigations and merger reviews. Prior to that, she worked for several trade publications and in TV. She lived in Washington DC, where she worked for Al Jazeera English in 2010. She studied journalism and holds a postgraduate diploma in International Business Management from the George Brown College in Toronto and a Master of Business Administration diploma in government relations from Fundação Getúlio Vargas (FGV).

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