Imperial Brands to sell premium cigar business for 1.23 billion euros
Tobacco company Imperial Brands is selling its premium cigar business for EUR 1.23 billion to a group of private investors. The Winston and Gauloises Blondes cigarette maker told: the sale will take place in two stages, with Gemstone Investment Holding buying the USA unit for EUR 185 million, while Allied Cigar Corp will buy the rest for EUR 1.04 billion
Related news
General Mills selling North American yogurt business
General Mills, Inc. is selling its North American yogurt business…
Read more >7-Eleven feels undervalued by Couche-Tard
7-Eleven is playing hard to get by Couche-Tard. The Japanese…
Read more >Valeo Foods Completes Acquisition Of Appalaches Nature
Valeo Foods Group has completed the acquisition of Appalaches Nature,…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >