Reynolds American Inc (RAI) is in advanced talks to buy a Swedish maker of products that help people stop smoking, the Wall Street Journal reported.
The report said that Reynolds is near a deal to buy closely held Niconovum AB, according to David Sweanor, a Canadian law professor and tobacco expert who it said was briefed on the deal.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.