Marlboro Firm Divests $2.2 Billion Stake in Bud Light Parent Company
Thursday, 14 March 2024, 05:09
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.
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