Philip Morris sells its stake in Swedish Match do Brasil, Folha reports

Philip Morris International Inc. +0.99%

Philip Morris International Inc.

PM

157.79

+0.99%

- Philip Morris International PM.N has sold its stake in Swedish Match do Brasil, which controls the Brazilian Fiat Lux brand, Folha de S.Paulo reported on Thursday without disclosing financial details.

Philip Morris did not immediately respond to a request for comment.