January 31, 2018 / 9:39 PM / 9 months ago

BRIEF-Scandinavian Tobacco Group buys business Of Thompson and Co. Of Tampa, Inc

Jan 31 (Reuters) - Scandinavian Tobacco Group A/S :

* REG-SCANDINAVIAN TOBACCO GROUP A/S: SCANDINAVIAN TOBACCO GROUP ACQUIRES A LEADING US ONLINE CIGAR RETAILER

* ‍ACQUISITION IS EXPECTED TO HAVE A POSITIVE IMPACT ON GROUP’S ADJUSTED EBITDA DURING 2019​

* SAYS SIGNED AN AGREEMENT TO ACQUIRE BUSINESS OF THOMPSON AND CO. OF TAMPA, INC

* ‍PURCHASE PRICE AMOUNTS TO USD 62 MILLION AND ACQUISITION WILL BE FINANCED BY EXISTING CASH AT HAND​ Source text for Eikon: Further company coverage:

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