(Reuters) – Marlboro maker Philip Morris International’s unit Vectura Fertin Pharma said on Tuesday it would sell its subsidiary Vectura Group to Molex Asia Holdings for 150 million pounds ($198.09 million).
The deal also has potential deferred payments of up to 148 million pounds.
($1 = 0.7572 pounds)
(Reporting by Savyata Mishra in Bengaluru; Editing by Devika Syamnath)
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