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Philip Morris Eyes Indonesian Cigarette Market

Philip Morris International makes a $5 billion dollar offer to buy Indonesia's third-largest cigarette producer. It's an attractive deal for Philip Morris because an estimated 60 percent of Indonesian men smoke, and a growing number of women are picking up the habit.

Copyright 2005 NPR

Kathleen Schalch
Kathleen Schalch is a general assignment reporter on NPR's national desk. Her coverage can be heard on NPR's award-winning newsmagazines Morning Edition, All Things Considered, and Weekend Edition.