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BRIEF-Eastern Co updates on cigarettes production deal with Philip Morris
May 17, 2017 / 7:58 AM / 6 months ago

BRIEF-Eastern Co updates on cigarettes production deal with Philip Morris

May 17 (Reuters) - Eastern Co:

* To produce cigarettes for Philip Morris at $5.8 per 1,000 cigarettes upto less than 15 billion cigarettes

* To produce cigarettes at $6.2 per 1,000 cigarettes from 15 billion to 22 billion cigarettes

* Any party has right to seek renegotiation on deal after one year Source: (bit.ly/2quO782) Further company coverage:

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