But they need to be prepared to play a long game to push PMI to its pain barrier.PMI has three main options in this game of chicken.But the initial assessment is being revised probably because Swedish Match investors want a bigger payday, so PMI may have to raise its 106 kronor-per-share bid.Hedge funds have become a big obstacle to Philip Morris International Inc.'s 161 billion Swedish krona ($14 billion) deal to buy nicotine pouch-maker Swedish Match AB.PMI would have to keep Swedish Match as a separate listed company and look after these minority shareholders, who could be disruptive.
#necessarily #combination #partnership #acquisition #transaction #shareholders #financial-times #hedge-funds #wind-turbines
[
add
]
[
|
|
...
]