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| UNITED STATES |
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Investor sues to block Lorillard sale
24 Jul 2014.
A Lorillard investor filed suit to block the proposed takeover of the US cigarette maker by Reynolds American, a deal that also involves international players British American Tobacco (BAT) and Imperial Tobacco, Bloomberg reported.
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PM USA 2nd quarter volume down
22 Jul 2014.
Philip Morris USA cigarette shipments fell an adjusted 4 per cent in the three months to 30 June, less than the general US industry decline of about 4.5 per cent, said parent company Altria.
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Judge rules 3 TPSAC members had conflicts of interest
22 Jul 2014.
A federal judge ruled three voting members of the Food and Drug Administration’s (FDA) tobacco science advisory panel had conflicts of interest, and barred FDA from using a 2011 report on menthol cigarettes, Bloomberg reported.
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RJRT hit with USD 23 billion jury ruling
21 Jul 2014.
A jury in Escambia County, Florida, Held RJ Reynolds Tobacco (RJRT) liable for USD 23.6 billion (EUR 17.4 billion) in punitive damages to the widow of a deceased smoker for withholding information about the dangers of smoking, the Winston-Salem Journal reported.
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WT North America premiere in 2015
18 Jul 2014.
World Tobacco trade exhibitions will launch WT North America next May in Richmond, Virginia, said organiser Quartz Business Media.
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| TURKEY |
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Smoking ban to include outdoors
18 Jul 2014.
Selected outdoor venues will be added to the smoking ban in public places and smoke-free buffer zones created around shopping malls and theatres to reduce inhalation of second-hand smoke, the Daily Sabah reported.
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| SWEDEN |
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Swedish Match ships more snus
18 Jul 2014.
Swedish Match snus shipments in Scandinavia rose an adjusted 2 per cent in the second quarter but US moist-snuff volume fell on less demand for traditional loose varieties, the company said.
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| UNITED STATES |
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PMI volume hit by Asian woes
17 Jul 2014.
Philip Morris International (PMI) global cigarette volume fell 2.7 per cent in the second quarter to 222.8 billion sticks, driven by steep drops in major Asian markets including Japan and the Philippines, the company said.
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RAI to acquire Lorillard in US industry reshape
15 Jul 2014.
Reynolds American Inc (RAI) said it plans to acquire Lorillard with a cash-and-stock package valued at USD 27.4 billion (EUR 20.2 billion), an offer that would merge the country's second and third largest cigarette companies.
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| POLAND |
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Polish government contests EU menthol ban
15 Jul 2014.
Poland has submitted a complaint to the European Court of Justice denouncing the EU’s tobacco product directive (TPD), the Polish Government Information Centre (CIR) reported.
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