Altria Expands Growth Avenues With Global KT&G Partnership
Key Takeaways Altria signed an MOU with KT&G to collaborate on oral nicotine, wellness and tobacco efficiency.The deal includes pouch expansion, ASF stake purchase and potential U.S. wellness entry.The partnership aims to strengthen Altria's smoke-free growth and KT&G's global expansion.Altria Group, Inc. ((MO) has entered into a global memorandum of understanding ("MOU") with KT&G Corporation (KT&G), a leading South Korean tobacco and consumer goods company. The agreement lays the groundwork for collaborat ...