10:00 ET -- Philip Morris International Inc. is one of the most talked about companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Philip Morris boosted its takeover offer for Swedish Match AB and agreed to pay $2.7 billion to regain the U.S. rights for its IQOS heated tobacco products from Altria Group Inc. The company also posted better-than-expected third-quarter financial results. Philip Morris shares slip 0.4%. Dow Jones & Co. owns Factiva. (colin.kellaher@wsj.com)

 

(END) Dow Jones Newswires

October 20, 2022 10:15 ET (14:15 GMT)

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