Philip Morris International plans to open new Stamford headquarters next month

Tobacco giant Philip Morris International says it plans to open its new headquarters in downtown Stamford next month.
Philip Morris also announced that it will pay $2.7 billion to regain the U.S. commercial rights for its IQOS heated-tobacco products.  
IQOS products, which are sold in 71 countries, use a handheld device to heat tobacco sticks that do not burn or produce smoke when inhaled.