Altria takes another $4 billion hit on Juul investment, revises deal terms

January 30, 2020 by  
Filed under News

Altria Group Inc took another $4 billion charge on its investment in Juul Labs Inc and said it had reworked its deal terms with the embattled e-cigarette maker, which is facing increased regulatory scrutiny amid a backlash against vaping.

Source: Reuters Business News

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