General Cigar strikes Swedish match deal

Article Abstract:

General Cigar Holdings Inc. has reached an agreement to sell some of its cigar brands to Swedish Match AB. General Cigar is selling the brands for $200 million. The move is an attempt by General Cigar to withdraw from the mass market cigar industry. The company will sell Garcia y Vega, White Owl, Tiparillo, and Tijuana Smalls. Two production facilities in Alabama and the Dominican Republic are also included in the deal.

Comment:

General Cigar to sell some cigar brands to Swedish Match for $200 million

Sweden, Swedish Match AB, General Cigar Holdings Inc.

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Tabacalera, Seita to merge, forming tobacco giant

Article Abstract:

Tabacalera SA has agreed to merge its operations with Seita SA of France. The deal will create the fourth-largest tobacco company in the world. The merged entity will have a market capitalization of approximately 6.7 billion euros. Tabacalera is based in Spain. Under the deal, French cigarette brands Gitanes and Gauloises would be under the same umbrella as the Fortuna and Ducados brands of Tabacalera.

Spain, Tabacalera S.A., Seita S.A.

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Firms look to scoop up Ben & Jerry's

Article Abstract:

Article discussing the interest expressed by Unilever NV, Roncadin SpA, and Dreyer's Grand Ice Cream Inc. in purchasing Ben & Jerry's Homemade Inc. Unilever's bid is more than $30 (Euro29.8) a share, roughly $225 million in cash, while Roncadin's offer is not known but is supposed to be in cash in the low-to-mid $30 range.

Italy, Netherlands, Ice Cream & Frozen Desserts, Ice Cream and Frozen Dessert Manufacturing, Dairy products industry, Unilever Group, Frozen desserts, Ice cream industry, Dreyer's Grand Ice Cream Inc., Ben & Jerry's Homemade Inc., Roncadin S.p.A.

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