Marlboro owner invests $12.8 billion in e-cigarette maker Juul
 

Tobacco giant Altria (which owns Marlboro and Virginia Slims) has bought a 35 percent stake in Juul for $12.8 billion. The major deal pegs the e-cigarette company's valuation at $38 billion, which more than doubles its value since a previous investme...

https://www.engadget.com/2018/12/20/...g-big-tobacco/