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PHILIP MORRIS.


PHILIP MORRIS, the world's largest tobacco company, boosted its stake in Argentine cigarrette subsidiary Massalin from 64% to 95% for US$220 million from German cigarette company Reemtsma Cigarettenfabriken.

COPYRIGHT 2001 Freedom Magazines, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Latin Trade
Geographic Code:1USA
Date:May 1, 2001
Words:29
Previous Article:CITIGROUP.
Next Article:MOLINOS RIO DE LA PLATA.
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