Industry News: ESG

ESG Goes Up in Smoke at L&G in Handling of Philip Morris’s Vectura Bid

Written by ESG | 20-Sep-2021 4:12:22 PM

2021-09-16

Evening Standard: LGIM bowed out with a whimper, announcing in a mealy-mouthed statement that it was agreeing to sell its 3.7% stake in the inhaler maker to Philip Morris International (PMI), the manufacturer of Marlboro cigarettes.

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