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Reynolds American Tobacco

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1 MIN READ

UK: BAT to acquire Reynolds American Tobacco

July 20, 2017
-
Europe, Mergers & Acquisitions, Tobacco

BAT has announced the acquisition, through a subsidiary company, of the remaining 57.8% of Reynolds American Tobacco. The acquisition, which has been approved byh shareholders of both companies, is expected to be completed by the end of the month. On the day if completion, the company will start trading on the New York Stock Exchange under the existing trading symbol BTI. Nicandro Durante, BAT chief executive, commented: “We are delighted …

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