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Headlines Tagged with Brazil 350 headlines found

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[Brazil] British American Tobacco Venture Boosted by Cuban Tourism Surge

Sales of cigarettes made by Brascuba, a joint venture between Brazil’s Souza Cruz SA and Cuba’s state-owned Tabacuba, have risen 18.5 percent in the first five months of this year, according to Co-President Alexandre Carpenter. Souza Cruz is controlled b
Bloomberg News
added Jul 3, 2015 15:00
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BAT may have to boost its bid in Brazil ($$)

British American Tobacco may be forced to increase its offer to buy out the remaining 25 per cent of its Brazilian business after its £2.2 billion offer for the stake was opposed by some investors.
Times Of London (uk)
added Apr 30, 2015 07:29
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[Latin America] BAT Signals It May Raise Bid for Rest of Brazil’s Souza Cruz

said Wednesday it will get a new estimate for Souza Cruz after some investors opposed BAT’s $3.5 billion offer for the stake it doesn’t already own. BAT also said first-quarter revenue rose 1.7 percent at constant exchange rates, trailing the 3.5 percent
Bloomberg News
added Apr 29, 2015 12:58
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British American Tobacco could raise bid for rest of Brazil's Souza Cruz

BAT wants to extract more profit out of Brazil, its biggest market, as the volume of cigarettes sold the worldover declines amid increased government restrictions and the rise of the electronic cigarette. The cigarette-maker also said a decision over Re
IBTimes (uk)
added Apr 29, 2015 12:56
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[Latin America] Amcor pays $US30m for Souza Cruz in Brazil

Amcor has agreed to pay $US30 million ($39.1 million) for the Brazilian tobacco packaging operations of Souza Cruz, which is majority owned by British American Tobacco plc and is the market leader in the Brazilian cigarette market.
Sydney Morning Herald (au)
added Apr 10, 2015 16:49
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[Brazil] BAT Lowers Souza Cruz Buyout Offer for Second Time on Payout

slightly reduced an offer for the 24.7 percent stake it does not already own in Souza Cruz SA, Brazil's largest cigarette maker, to account for an interest on equity payout approved this week. In a securities filing, Souza Cruz said BAT now is offering 2
Reuters
added Mar 26, 2015 09:04
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Alliance One International Announces Agreement with Philip Morris International to Supply Brazilian Burley Tobaccos

PR Newswire
added Mar 13, 2015 17:13
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[UK] BAT ponders £2.3bn offer for its Brazilian offshoot ($$)

is considering a move to buy out the remaining 25 per cent of Souza Cruz, its Brazilian business, in a deal that would cost about £2.3 billion.
Times Of London (uk)
added Feb 25, 2015 09:47
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[Brazil, UK] BAT set to pay Ł2.3bn to acquire remaining 25% in Souza Cruz

February 23, 6:33pm A century since Albina Souza Cruz sold a majority stake in his eponymous Brazilian tobacco business to British American Tobacco, the UK cigarette maker is seeking to take over the rest of the company.
Financial Times (uk)
added Feb 24, 2015 12:50
7 Views

[Latin America, South America/Caribbean] Brazil's Anti-Tobacco Law Means Markedly Fewer Places to Light Up

The legislation bans smoking in enclosed areas open to the public and imposes new restrictions on cigarette advertising. The Anti-Tobacco Law bans the use of any tobacco products such as cigarettes, cigars, smoking pipes, and water pipes in enclosed area
PanAm Post
added Dec 5, 2014 17:10
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