In an interview with Bloomberg News, Phillip Morris International (PMI) c.o.o. Jack Olczak indicated that an Altria-PMI merger was still a possibility, saying, “the chapter is closed but not the book.”
Altria and PMI continue to work together on the IQOS device, with Altria marketing the product in the US and PMI elsewhere.PMI c.e.o. Andre Calantzopoulos also reproved the World Health Organization (WHO) for rejecting engagement with any tobacco companies and for being “stuck in the past.”
He also contrasted WHO’s stance with many national regulators, which have approved the sale of alternatives to cigarettes.