British American Tobacco Completes Reynolds American Takeover

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British American Tobacco and Reynolds American have agreed to a merger that will see British American Tobacco purchase the 57.8 percent of Reynolds American that it does not own for $49 billion. If approved by shareholders and regulators, it will create the largest publicly-traded tobacco company.

The deal has little implications for the cigar industry, though British American Tobacco does own the Dunhill brand, which has premium cigars as well as cigarettes. Reynolds American has no premium cigar presence.

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It does represent the latest in a fury of mergers and acquisitions in the larger tobacco industry and could speed up a rumored merger and takeover of Imperial Brands, plc by Japan Tobacco International.

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Charlie Minato
About the author

I am an editor and co-founder of halfwheel.com/Rueda Media, LLC. I previously co-founded and published TheCigarFeed, one of the two predecessors of halfwheel. I handle the editing of our written content, the majority of the technical aspects of the site and work with the rest of our staff on content management, business development and more. I’ve lived in most corners of the country and now entering my second stint in Dallas, Texas. I enjoy boxing, headphones, the Le Mans 24-hour, wearing sweatshirts year-round and gyros. echte liebe.

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