Tobacco

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Imperial Tobacco Group Plc announces acquisition of US assets completed

Friday, 12 Jun 2015 08:29am EDT

Imperial Tobacco Group Plc:Says that a subsidiary of the Company (ITG Brands) had entered into a purchase agreement with Reynolds American Inc. (Reynolds).Purchase agreement for the acquisition of certain US cigarette and e-cigarette brands and assets currently owned by Reynolds and Lorillard, Inc. (Lorillard), following the proposed acquisition of Lorillard by Reynolds.

Reynolds American Inc completes acquisition of Lorillard and related divestitures

Friday, 12 Jun 2015 08:27am EDT

Reynolds American Inc:Completed its acquisition of Lorillard, Inc. and related divestiture transactions.Says as a result of the acquisition, Lorillard is a wholly owned subsidiary of RAI, and former Lorillard shareholders will own approximately 15 percent of RAI's common stock.In related divestiture transactions, subsidiaries of RAI have sold the KOOL, Salem, Winston, Maverick and blu eCigs brands, and other assets and liabilities, to ITG Brands, LLC, a subsidiary of Imperial Tobacco Group, PLC, for total consideration of approximately $7.1 billion in cash.Additionally, British American Tobacco p.l.c. maintained its approximately 42 percent ownership in RAI through an equity investment of approximately $4.7 billion.

Vector Group Ltd changes in registrant's certifying accountant -Form 8-K

Friday, 12 Jun 2015 07:14am EDT

Vector Group Ltd:On June 8, 2015, Company dismissed PricewaterhouseCoopers LLP as the Company’s independent registered certified public accounting firm, effective June 8.Approves Deloitte & Touche LLP as the Company’s independent registered certified public accounting firm for the Company’s fiscal year ending Dec. 31.

Gilla amends LOI to acquire E-Liquid Manufacturer

Tuesday, 9 Jun 2015 07:00am EDT

Gilla Inc:Further to its news release of March 23, it has signed amendments to its letter of intent to acquire all of the issued and outstanding shares of a Florida based e-liquids manufacturer.Pursuant to the LOI amendment, the company is to pay to the vendors $1.2 mln in total consideration as a combination of cash and promissory notes.On closing, the Company would pay to the vendors $300,000 in cash and issue three tranches of promissory notes, each tranche having a face value of $300,000 and due 4, 9 and 18 months from the closing date.

Reynolds American Inc proceeding with acquisition of Lorillard Inc; closing date June 12

Monday, 8 Jun 2015 11:39am EDT

Reynolds American Inc:Says Reynolds American to acquire Lorillard on June 12, 2015.

Vapor Group Inc comments on Q1 2015 revenue guidance

Thursday, 4 Jun 2015 08:00am EDT

Vapor Group Inc:Sees Q1 2015 revenues over $1,000,000, up from $966,411 for the same period in 2014.

Imperial Tobacco Group PLC subsidiary receives FTC approval for the transaction with Reynolds American Inc.

Wednesday, 27 May 2015 02:01am EDT

Imperial Tobacco Group PLC:Says its subsidiary had entered into a purchase agreement with Reynolds American Inc. for the acquisition of certain US cigarette and e-cigarette brands and assets currently owned by Reynolds and Lorillard, Inc., following the proposed acquisition of Lorillard by Reynolds.

Japan Tobacco to transfer stake to Suntory Beverage & Food

Monday, 25 May 2015 03:40am EDT

Japan Tobacco Inc:To transfer stake in companies engaged in drink vending machines operator business, to Suntory Beverage & Food.To transfer 70.5 pct stake in JT to Suntory Beverage & Food.To transfer entire 100 pct stake in JTA to Suntory Beverage & Food.To transfer entire 49.7 stake in a company to Suntory Beverage & Food.To transfer two drink brands to Suntory Beverage & Food.To sign transaction agreement in July.Total price of about 150,000 mln yen.

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