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Swedish Match and Philip Morris International to dissolve smokeless joint venture

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STOCKHOLM--(BUSINESS WIRE)--Regulatory News: Swedish Match (STO:SWMA) and Philip Morris International (PMI) have mutually agreed to dissolve their joint venture agreement relating to the sale of smokeless tobacco products outside Scandinavia and the US. · Swedish Match to continue to sell General snus in Canada, Russia and Malaysia · Swedish Match sees good opportunities for its snus products internationally over the longer term The joint venture SMPM International (owned on a 50/50 basis by Sw

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