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Headlines Tagged with BAT 7,056 headlines found

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A merger is the latest sign of Big Tobacco’s resilience

If enough would-be quitters switch to “safer” cigarettes instead, firms could slow or even reverse what had seemed a permanent downward trend. Far from fading away, Big Tobacco might be on the verge of a new boom. If so, the company formed by BAT and Re
The Economist
added Jan 20, 2017 14:39
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Taxation With Representation: Cravath, Weil, Jones Day, Davis

In this week's Taxation With Representation, British American Tobacco is taking over Reynolds American for $49 billion
Law360
added Jan 21, 2017 23:55
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How Will Philip Morris Respond to the BAT-Reynolds Merger?

That makes a merger of equals the easier option, but it's far from clear that the leading tobacco company in the U.S. has an interest in recombining with its former subsidiary. Moreover, antitrust concerns would inevitably come up. Reynolds American's ow
Motley Fool
added Jan 20, 2017 14:39
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[North Carolina] BAT confirms plans to keep Winston-Salem operations

“BAT is confident that not only will the great majority of jobs in the Reynolds family of companies be preserved following completion, but in the future, as a stronger, combined organization, we believe there is a possibility of U.S. job growth and expans
Winston-Salem (NC) Journal
added Jan 19, 2017 16:11
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[UK] Tobacco giant set to unveil £4m investment in Southampton site after agreeing £40.8bn takeover

BAT – one of Southampton’s biggest employers – has agreed a £40.8 billion takeover... It comes in the same week that company is due to unveil a £4m investment in its Southampton site which will become the home of its Global Supply Network Operation.
Southern Daily Echo (uk)
added Jan 18, 2017 21:05
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[UK] Industry expert warns of implications to Imperial Tobacco of BAT deal

An industry expert from Hargreaves Lansdown has warned that Imperial Tobacco is increasingly “looking like a minnow swimming in a tank of big, hungry fish" after Dunhill and Lucky Strike firm British American Tobacco agreed a 49.4 billion US dollar (£40.
Southwest Business (uk)
added Jan 18, 2017 15:33
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[North Carolina] BAT executive Nicandro Durante says Reynolds remains compelling growth target

Adding a $2.4 billion sweetener to its $49.4 billion takeover proposal for Reynolds American Inc. was worth the cost for British American Tobacco Plc to re-enter the U.S. marketplace in a major way, its top executive said Tuesday. Nicandro Durante, its
Winston-Salem (NC) Journal
added Jan 18, 2017 00:58
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SEC FILINGS DETAILS 01/17/2017 8-K Current report filing

Item 1.01 Entry into a Material Definitive Agreement. On January 16, 2017, Reynolds American Inc., a North Carolina corporation (“RAI”), British American Tobacco p.l.c., a public company incorporated under the laws of England and Wales (“BAT”), BATUS Hol
Reynolds American (RAI)
added Jan 17, 2017 22:11
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SEC FILINGS DETAILS 01/17/2017: 425 Filing of certain prospectuses and communications in connection with business combination transactions

Key terms of the transaction The transaction will be effected through a US statutory merger in which Reynolds shareholders, other than BAT, will receive $29.44 in cash and 0.5260 BAT ordinary shares which shall be represented by BAT ADRs listed on the N
Reynolds American (RAI)
added Jan 17, 2017 22:09
8 Views

BAT agrees to buy Reynolds for $49 billion

The deal, which values the whole of Reynolds at around $86 billion, will mark the return of BAT to the lucrative and highly regulated U.S. market..."The sheer scale of the enlarged BAT raises the pressure on the remaining players to bulk up too, and atte
Reuters
added Jan 17, 2017 22:06
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