No further regulatory review by the federal antitrust authorities is required in connection with the transaction.Read More
Tags :NJOY
Consumer demand for vaping and other tobacco products has ebbed and flowed over the past 12 months.Read More
As Altria sheds the burden of Juul, its leaders are hoping investors ‘Njoy’ the company’s new outlook.Read More
The terms include an additional $500 million in cash that is contingent upon regulatory outcomes.Read More
The proposed deal includes an additional $500 million earnout if regulatory milestones are met.Read More
As recently as May 2019, Juul held a 74.6 percent U.S. e-cig market share that is now below 27 percent.Read More
Juul Labs will also give up certain rights including its board designation rights and reduce its voting power.Read More
NJOY Holdings Inc has hired bankers for a possible sale of the company, the Wall Street Journal reported.Read More
The FDA also issued marketing denial orders (MDOs) to NJOY for multiple other Daily e-cigarette products. Read More
FDA states that it expects to have resolved 63 percent of PMTAs set out in its original priority by June 30.Read More