Marlboro cigarette maker Altria Group Inc announced a $1.8 billion investment in Cronos Group Inc on Friday, which could give it up to 55-percent ownership of the Canadian cannabis producer.
Marlboro cigarette maker Altria Group Inc is in discussions with Canadian cannabis producer Cronos Group Inc about making a possible investment, Cronos said on Monday. | Video
Marlboro cigarette maker Altria Group Inc is in early stage talks to acquire Canadian cannabis producer Cronos Group Inc , as it seeks to diversify its business beyond traditional smokers, people familiar with the matter said on Monday.
Jack in the Box Inc , a U.S. hamburger restaurant chain with more than 2,000 restaurants, is exploring options that could include a sale of the company after divesting its Qdoba brand earlier this year, people familiar with the matter told Reuters on Thursday.
Elliott Management Corp, the activist hedge fund that sits on Arconic Inc's board, is working to address potential liabilities weighing on the sale process for the U.S. aluminum products maker, according to people familiar with the matter.
Tobacco company Altria Group Inc is in talks to take a minority stake of 20 to 40 percent in e-cigarette maker Juul Labs Inc, people familiar with the matter said on Wednesday.
Newell Brands Inc is nearing a deal to sell Jostens, a U.S. manufacturer of memorabilia such as class rings and yearbooks, to private equity firm Platinum Equity LLC for around $1.3 billion, two people familiar with the matter said on Tuesday.
Private equity firm Apollo Global Management LLC is in advanced negotiations to acquire U.S. aluminum products maker Arconic Inc for more than $11 billion, people familiar with the matter said on Tuesday.