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Those discarded filters usually contain synthetic fibers and hundreds of chemicals used to treat tobacco, said Novotny, who is pursuing further research into what kinds of cigarette waste leech into the soil, streams, rivers and oceans

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This $625 million price tag to become Easterns largest shareholder looks like a good deal for the buyers at least when compared with a similar deal a decade ago

In 2023, the global value of intangible assets owned by the worlds largest companies stood at $61.9 trillion in 2023, up from $57.3 trillion one year previously, according to the Global Intangible Finance Tracker (GIFT) report, which is published annually by Brand Finance, an independent, U.K.-based brand valuation and strategy consultancy