BRIEF-Eastern Co updates on cigarettes production deal with Philip Morris

Wed May 17, 2017 7:56am GMT

May 17 (Reuters) - Eastern Co:

* To produce cigarettes for Philip Morris at $5.8 per 1,000 cigarettes upto less than 15 billion cigarettes

* To produce cigarettes at $6.2 per 1,000 cigarettes from 15 billion to 22 billion cigarettes

* Any party has right to seek renegotiation on deal after one year Source: ( Further company coverage:

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