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Philip Morris International to buy Protabaco 

Jump to full article: AP, 2009-07-10

Intro:

Philip Morris International Inc., seller of Marlboro cigarettes overseas, said Friday it would pay $452 million to buy privately owned Protabaco, a Colombian cigarette maker.

Protabaco's brands include Mustang, Premier and President.

Philip Morris International is the world's largest nongovernmental cigarette maker after China's state-controlled China National Tobacco Corp.

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