OREANDA-NEWS Large American tobacco companies Altria Group and Philip Morris International Inc. announced the start of negotiations on a possible merger of both enterprises. This was reported by RNS.

It is noted that companies do not give any guarantees as to whether they will be able to come to some kind of agreement or conclude a deal following the results of negotiations.

According to the news agency, a merger is possible in the event of an exchange of shares in equal shares. According to analysts, if the parties come to a consensus, then it can take 210 billion dollars.