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    • Gama Field Services
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  • CATEGORIES
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Souza Cruz

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1 MIN READ

Brazil: British American Tobacco considers buying out minorities of Souza Cruz

February 24, 2015
-
Latin America, Tobacco

British American Tobacco (BAT) has revealed that it is considering buying out the minority of its Brazilian unit, Souza Cruz SA, thus allowing it to take full control of the largest tobacco company in Brazil, according to a report in Bloomberg. BAT said that it was evaluating a possible public tender offer to acquire up to all of the 24.7% of Souza Cruz shares which are not currently owned by …

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