Wednesday, December 19, 2018

Marlboro Maker Nears Deal That Values Juul at $38 Billion

Altria Group is nearing a deal to take a 35% stake in e-cigarette startup Juul Labs at a roughly $38 billion valuation, an investment that would make Juul one of the most valuable private companies.

from WSJ.com: US Business https://ift.tt/2SUX9rY
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