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Jump to full article: Financial Times (uk), 2008-01-26
Author: Jeremy Lemer
Intro: Imperial Tobacco, owner of the Lambert & Butler, Davidoff and JPS cigarette brands, intends to buy the remaining shares it does not own in Logista, a Spanish logistics company, for about €910m (�675m).
Imperial acquired 59.62 per cent of the Spanish company when it bought Altadis, the Spanish maker of Gauloises and Gitanes cigarettes, a deal that was completed yesterday.
Gareth Davis, chief executive, said the company had to buy Madrid-based Logista because it would be too hard to find a bidder during a three-month deadline imposed by regulators.
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