Information regarding the public cash offer by Philip Morris Holland Holdings B.V.
Philip Morris Holland Holdings B.V. (“PMHH”), an indirect wholly-owned subsidiary of Philip Morris International Inc. (“PMI”), has, on May 11, 2022, announced a public cash offer to Swedish Match’s shareholders to transfer their shares in Swedish Match to PMHH (the “Offer”). Under the terms of the Offer, PMHH is offering SEK 106 per Swedish Match share in cash (the “Offer Price”), which values the issued share capital of Swedish Match at approximately SEK 161.2 billion.1)
The Board of Directors of Swedish Match AB recommends that the shareholders of Swedish Match accept the offer.
For more information, please refer to PMHH’s information website relating to the Offer, via www.smokefree-offer.com.
1) Based on all outstanding 1,520,714,190 shares in Swedish Match, i.e. excluding 4,285,810 shares held in treasury by Swedish Match.