26/12/2018
Not long ago we talked about a fortified Juul startup. It made a deal worth $38 billion with the owners of Philip Morris USA and makers of Marlboro ci******es recently.
According to Bloomberg, the company invests the fresh $12.8 billion in exchange for a 35 percent stake in Juul Labs.
Over the past year, there were some US government measures applied that aim to restrict the use of Juul product by teens. Dealing with a to***co company is not the best option on keeping the word to follow them but Altria has agreed to apply a few measures on dispersing information about Juul to actual smokers.
After a long year fighting underage use of its products, Juul Labs has today struck a deal with Altria Group, the owners of Philip Morris USA and makers of Marlboro ci******es. The deal values Juul at $38 billion, according to Bloomberg, and injects the company with a fresh $12.8 billion in exchang....