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British American Tobacco Goes Scandanavian  

Market Scan
Jump to full article: Forbes, 2008-02-28
Author: Lionel Laurent, 02.28.08, 3:35 PM ET

Intro:

British American Tobacco said on Thursday that it had offered its 32.4% stake in Scandinavian Tobacco--valued at 8.9 billion Danish kroner ($1.8 billion)--along with 11.4 billion kroner ($2.3 billion) in cash, to acquire three of Scandinavian Tobacco's units: House of Prince, Fiedler & Lundgren and J.L. Tiedemanns.

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