Exclusive – Philip Morris gives EU nod to Swedish match deal, sources say

By Foo Yun Chee BRUSSELS (Reuters) – Philip Morris (PMI) will unconditionally win the EU its $ A person familiar with the matter said on Tuesday that the billion-dollar Acquisition of Swedish Match, a manufacturer of tobacco and nicotine products. Marlboro maker Philip Morris (NYSE: 200afternoon) exist10 Krone per share in May, seeking to expand in the fast-growing cigarette alternative market. Philip Morris, from Swedish Match competitor Altria (NYSE: 2008 MO) exist50, expect smoke-free products to account for more than half of sales 50. The European Commission, which plans to complete its preliminary work on the deal by October Review , declined to comment. Sources say EU competition enforcement agencies have not seen until the deal raises any competition issues. Philip Morris did not immediately respond to a communication request ENT