Acquisitions / Mergers / Shareholding

The US Food and Drug Administration bans Juul vape products and requires that all existing products be removed from the market

The U.S. Food and Drug Administration on Thursday banned Juul Labs Inc. from marketing its products in the United States and ordered the company to remove all existing products from the market. The products in question are a Juul vaping device and four types of pods; The regulator said in a statement that Virginia flavored …

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Altria shares criticized by FDA report to ban Juul e-cigarettes from US market

Shares of Altria Inc. fell. down 9% on Wednesday, after a report that the Food and Drug Administration is preparing to order Juul Labs Inc. Ltd., in which Altria holds a significant stake, to drive e-cigarettes out of the US market. The Wall Street Journal report quoted people familiar with the matter as saying the …

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Altria shares criticized by FDA report to ban Juul e-cigarettes from US market

Shares of Altria Inc. fell. down 9% on Wednesday, after a report that the Food and Drug Administration is preparing to order Juul Labs Inc. Ltd., in which Altria holds a significant stake, to drive e-cigarettes out of the US market. The Wall Street Journal report quoted people familiar with the matter as saying the …

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Chinese lithium giant tests investor demand for Hong Kong IPO

HONG KONG – One of China’s largest lithium producers has begun marketing what is expected to be the largest initial public offering in Hong Kong so far this year, defying recent market volatility to test global investors’ appetite for new energy stocks. Tianqi lithium corp. 002466 -1.01% It aims to raise more than $1 billion …

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