Mergers and Acquisitions

Altria buying vape maker NJOY for $2.75B

Altria will buy vape-maker NJOY and absorb the company’s NJOY ACE production as the only e-vapor product with market authorizations from the U.S. Food and Drug Administration (FDA).

BP to buy TravelCenters of America for $1.3B

TravelCenters owns a network of about 281 highway sites across 44 states and offers services including diesel and gasoline fuel, truck maintenance and repair, restaurants and more.