Carsales to control South American rival | Marlboro owner buys vape giant for $2.7B | Lego's tiny profit - podcast episode cover

Carsales to control South American rival | Marlboro owner buys vape giant for $2.7B | Lego's tiny profit

Mar 08, 20236 min
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Episode description

Altria, the owner of Marlboro cigarettes, has found a new Juul in its nicotine-crown after buying a vaping startup NJOY for $2.7 billion USD.

 

Lego reported its tiniest increase in profit for the last three years, as it starts to face higher costs without increasing its prices.

 

Carsales.com is planning to acquire an additional 40% stake in a Brazilian car-selling platform to grow its ownership of the South American market.

 

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Carsales to control South American rival | Marlboro owner buys vape giant for $2.7B | Lego's tiny profit | What the Flux podcast - Listen or read transcript on Metacast