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November 1, 2019 01:35 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/w-zBN6795JI/
Altria writes down $4.5 billion from its investment in Juul
Facing increasing scrutiny from international and domestic regulators, the Altria Group has decided to write down its investment into the e-cigarette company JUUL by $4.5 billion. That’s roughly one-third of the $12.8 billion that the tobacco giant had invested into JUUL a little less than one year ago. Juul Labs gets $12.8 billion investment from […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/w-zBN6795JI/
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