Marlboro Firm Divests $2.2 Billion Stake in Bud Light Parent Company

Thursday, 14 March 2024, 05:09

The article covers the recent divestment decision of Marlboro's parent company selling its $2.2 billion stake in the Bud Light owner. This move comes after Bud Light experienced a sales decline due to a US boycott linked to its collaboration with transgender influencer Dylan Mulvaney. The divestment signals a significant strategic shift in the company's investment portfolio and future business directions.
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Marlboro Firm Divests $2.2 Billion Stake in Bud Light Parent Company

Marlboro firm's strategic move

The parent company of Marlboro has decided to sell its $2.2 billion stake in the Bud Light owner. This decision reflects a significant shift in the company's investment strategies.

Bud Light sales impact

The sales of Bud Light were negatively affected following a US boycott related to its partnership with transgender influencer Dylan Mulvaney.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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