Philip Morris Bids $5 Bln for Sampoerna (Reuters)

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Philip Morris Bids $5 Bln for Sampoerna (Reuters)

Reuters - Philip Morris International Inc. said
on Monday it is bidding $5 billion to buy Indonesia's number
three tobacco firm, PT Hanjaya Mandala Sampoerna Tbk, to expand
in the fifth-largest cigarette market.

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