Categories
· Business (Tobacco)
· Lawsuits
· Unions
non-USA, by Country
· Turkey
Organizations
· BAT
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Jump to full article: Reuters, 2008-03-04
Intro: A Turkish labour union wants a court annulment of the sale of state-owned cigarette firm Tekel to British American Tobacco, the union's lawyer told Reuters on Tuesday.
BAT, the world's second largest cigarette group, won the auction for Tekel on Feb. 22, beating off three Turkish rivals with the highest bid of $1.72 billion in a deal increasing its market share fivefold.
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