swedish match ab said wednesday that it has received a 1612 billion swedish krona 16 billion public cash offer from philip morris international inc which it recommends shareholders accept under the proposal accepting shareholders of the stockholmbased company will get sek106 in cash for each share held the price is a 39 premium to the companys share price of sek7650 on friday the day before the wall street journal reported that the companies were in talks and they confirmed them on monday the wall street journal said that the tobacco giant was in talks over a potential 15 billion offer for swedish match a report that was later confirmed by both companies