Dunhill

British American Tobacco Wins Brexit Sales Boost

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British American Tobacco, fresh from its takeover of US peer Reynolds, reported on Thursday sliding first-half net profits, but sales jumped on the back of the Brexit-hit pound. Profit after tax slid 15 percent to £2.3 billion ($3.0 billion, 2.6 billion euros) in the six months to June 30 from a year earlier, the maker … Read more

British American Tobacco Plans $47bn Reynolds Merger

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British American Tobacco is planning to merge with its US partner Reynolds in a deal valued at $47bn (£38bn). BAT wants to buy the 57.8% of Reynolds it does not already own. The merger would bring together some of the tobacco industry’s best-known brands, including Lucky Strike, Rothmans, Dunhill and Camel cigarettes. BAT has been … Read more