Edition:
United States

Tobacco

Page 2

Japan Tobacco appears likely to reach final agreement soon to purchase Mighty for 45 billion pesos - Nikkei

Friday, 21 Jul 2017 03:46pm EDT

July 21 (Reuters) - Nikkei:Japan Tobacco appears likely to reach a final agreement soon to purchase Philippine cigarette manufacturer Mighty for 45 billion pesos - Nikkei.

Reynolds American, BAT, Batus and Merger Sub enters into an amendment

Thursday, 8 Jun 2017 05:08pm EDT

June 8 (Reuters) - British American Tobacco Plc :Reynolds American says ‍on June 8, 2017, RAI, BAT, Batus and Merger Sub entered into amendment to agreement and plan of merger - SEC filing​.‍Upon deal close, restated articles of incorporation of RAI to be amended for minimum of 1 director instead of minimum of 9 directors.‍Amendment provides that bat will provide written instruction to cause ads of BAT to be issued as stock portion of merger consideration.

Turning Point Brands to acquire Vaporbeast

Thursday, 17 Nov 2016 04:15pm EST

Turning Point Brands Inc : Turning Point Brands to acquire Vaporbeast, a leading e-commerce platform . Says transaction is expected to be immediately accretive, pre-synergies .Says will acquire Smoke Free Technologies Inc. D/B/A Vaporbeast for total consideration of approximately $27 million.

Reynolds American board forms committee to evaluate proposal from British American Tobacco

Monday, 31 Oct 2016 04:49pm EDT

British American Tobacco Plc : Reynolds American Inc - board forms transaction committee to evaluate proposal from British American Tobacco . Reynolds American Inc - in light of the evaluation of BAT’s proposal, RAI has cancelled its investor day scheduled for Nov. 14, 2016. . Reynolds American-committee retained Weil, Gotshal & Manges Llp and Moore & Van Allen Pllc as legal counsel, Goldman, Sachs & Co. as financial advisor .Reynolds American-in addition, RAI has retained Jones Day as legal counsel and J.P. Morgan Securities Llc and Lazard as financial advisors.

Essentra sells Porous Technologies to Filtration Group for 220 mln stg

Thursday, 25 Aug 2016 02:03am EDT

Essentra : Divestment of Porous Technologies business . Transaction values Porous Technologies at £220m, free of cash and debt . Of which c. £215m in cash and c. £5m in the form of a promissory note payable three years from completion .Sale is to Filtration Group, an affiliate of Madison Industries.

ITC Ltd says BFIL Finance has ceased to be co's unit

Monday, 16 May 2016 08:59am EDT

ITC Ltd : Scheme of amalgamation of BFIL Finance Limited with Russell Credit Limited became effective from May 16, 2016 . BFIL Finance Limited has ceased to be a subsidiary of Russell Credit Limited and that of ITC Limited with effect from May 16, 2016 .

Markets

  • Sectors
  • U.S.
  • Europe
  • Asia

Sector Summary