BAT (BATS LN, HOLD, T/P 5300p) announced this morning that they had reached an agreement to purchase the remaining 57.8% of Reynolds American (RAI US, N/R) this morning. The new agreed terms implies a total current value of $59.64 per Reynolds share. The company are hosting a live webcast at 8.30.
17 Jan 2017
Reaches a $49.4bn agreement to acquire Reynolds
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Reaches a $49.4bn agreement to acquire Reynolds
British American Tobacco p.l.c. (BATS:LON) | 2,346 0 0.0% | Mkt Cap: 52,320m
- Published:
17 Jan 2017 -
Author:
Chris Wickham -
Pages:
4
BAT (BATS LN, HOLD, T/P 5300p) announced this morning that they had reached an agreement to purchase the remaining 57.8% of Reynolds American (RAI US, N/R) this morning. The new agreed terms implies a total current value of $59.64 per Reynolds share. The company are hosting a live webcast at 8.30.