UK busi­ness sec­re­tary look­ing in­to Philip Mor­ris' pro­posed deal to ac­quire Vec­tura — re­port

Philip Mor­ris’ pro­posed $1.5 bil­lion deal to ac­quire the UK-based in­haled ther­a­peu­tics com­pa­ny Vec­tura has an­ti-smok­ing groups up in arms — and now, the British gov­ern­ment is re­port­ed­ly look­ing in­to the deal.

The UK’s busi­ness sec­re­tary Kwasi Kwarteng has re­port­ed­ly asked of­fi­cials to mon­i­tor Philip Mor­ris’ pro­posed takeover of Vec­tura, which spun out of the Uni­ver­si­ty of Bath back in 1997, ac­cord­ing to the Lon­don Times.

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