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Someone forget to mentionned that MO own 430M shares of SABMiller (SAB) London Stock Exchange at $1728 a shares give a value of about $75B for 28.5% that Altria own....and SABMiller give $0.16 dividend to MO=+/-$68M US per quarter....Also SABMiller is COKE Bottler in many country...not bad...
Dec 20 00:11 am
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All Comments by Victhom »Altria Has Been Great, Time to Exit [View article]
Now UTS aquisition will be great value with US wines and distributor of wines from Italy and from Chile...
Altria is slowly moving from pure Tobacco....to wine...beer...etc...wi... cash flow generated by cigarettes & cigar sale..Remember Altria had Kraft..General Food and Nabisco...Miller.. in past....Now Altria is moving slowly in Wine and Beer producer....and this is great for long term source of revenue & income....I would not be surpise to see Altria in the futur....to be a very different company....