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Elliott raises Swedish Match stake again as Philip Morris deadline looms

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Elliott raises Swedish Match stake again as Philip Morris deadline looms

Activist investor Elliott Management Corp has raised its stake in Swedish Match to over 10%, it said in a filing on Friday, increasing its clout over Philip Morris International's (PMI) $16 billion takeover bid for the Swedish company.

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Elliott raises Swedish Match stake again as Philip Morris deadline looms

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Elliott raises Swedish Match stake again as Philip Morris deadline looms

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