Philip Morris to cut stake in Indonesian unit, could raise over $1 billion: sources
July 06, 2015 at 04:16 AM EDT
JAKARTA/SINGAPORE (Reuters) - U.S. cigarette giant Philip Morris International Inc plans to sell a stake worth at least $1 billion in Indonesian unit PT HM Sampoerna Tbk to comply with free-float rules, two people familiar with the matter said on Monday.
