BAT agrees to buy Reynolds for US$49 billion
British American Tobacco has agreed a US$49.4 billion takeover of U.S. rival Reynolds American Inc, creating the world's biggest listed tobacco company after it increased an earlier offer by more than US$2 billion.
BAT, which already owned 42 percent of Reynolds, will pay US$29.44 in cash and 0.5260 BAT shares for each Reynolds share, it said, a 26 percent premium over the price of the stock
...
If you are an active subscriber and the article is not showing, please log out and back in. Free access to articles from 10:00.
Kommentaar
Republikein
Geen kommentaar is op hierdie artikel gelaat nie