Value of ‘heat not burn’ smoking technology stalling BAT buyout – Telegraph.co.uk


Telegraph.co.uk
Value of ‘heat not burn’ smoking technology stalling BAT buyout
Telegraph.co.uk
The slow-burn negotiations between British American Tobacco (BAT) and Reynolds, the American maker of Camel cigarettes, towards a £38bn merger are stuck on the value of new technology, it has been claimed. BAT, which already owns 42pc of Reynolds, …

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