Categories
· Business (Tobacco)
non-USA, by Country
· Denmark
· Europe
Organizations
· BAT
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Jump to full article: AP, 2008-06-27
Intro: BRUSSELS, Belgium: EU antitrust regulators on Friday approved the purchase of Denmark-based Skandinavisk Tobakskompagni AS's cigarette business by British American Tobacco PLC.
The European Commission said, however, its approval of the US$3.9 billion (€2.48 billion) deal is conditional on the sale of a number of tobacco brands by BAT in Norway. BAT has offered to sell off two roll-your-own tobacco products in Norway, the EU said.
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