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Swedish Match long-term shareholder Framtiden not tendering shares to Philip Morris

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Swedish Match long-term shareholder Framtiden not tendering shares to Philip Morris

Framtiden Partnerships, a shareholder of Swedish Match AB for nearly two decades, said it will not accept Marlboro maker Philip Morris International Inc's higher offer of 116 Swedish crowns ($10.53) per share for the Swedish tobacco and nicotine products maker.

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Swedish Match long-term shareholder Framtiden not tendering shares to Philip Morris

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Swedish Match long-term shareholder Framtiden not tendering shares to Philip Morris

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