businessBusiness winners and losers: Tobacco firms breathing easier than most, but tourism still feeling the heatThe cigarette and tobacco industry is emerging as one of the very few winners from the economic havoc wreaked by the spread of the Covid-19 virus.
businessBritish American Tobacco clinches $49bn deal for Camel’s maker firmBritish American Tobacco reached agreement to buy full control of Reynolds American with a sweetened $49.4bn (€46.3bn) offer, bringing a successful end to almost three months of bartering with the maker of Camel cigarettes.
businessBritish American Tobacco bids €43bn for Reynolds American to create biggest tobacco companyBritish American Tobacco (BAT) has offered to buy out US cigarette maker Reynolds American in a $47bn (€43bn) takeover that would create the world’s biggest listed tobacco company, with brands including Newport, Lucky Strike, and Pall Mall.