Altadis deal may bolster Imperial Tobacco
Article Abstract:
Spanish cigar and cigarette manufacturer Altadis S.A. will be acquired by UK's Imperial Tobacco Group PLC for $17.4 bil, or 50 euro per share. This concludes a four-month process in which two prior offers by Imperial were rejected by Altadis. The deal marks Imperial's entry into the cigar market.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Acquisitions & mergers, TOBACCO PRODUCTS, Tobacco farms, United Kingdom, Mergers, acquisitions and divestments, Company acquisition/merger, Spain, Tobacco industry, Imperial Tobacco Group PLC, Altadis S.A.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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BMW profit feels increasing sting of weak dollar
Article Abstract:
Second-quarter net profit for German automaker BMW AG dropped 4.6% to $1.03 bil, due in part to currency effects and higher costs linked to raw materials prices and new model launches. Sales, however, rose 8.6%.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Sales, profits & dividends, Motor Vehicles and Equipment, Germany, Transportation equipment industry, Company sales and earnings, BMW AG, Company earnings/profit, Automotive industry, Financial report
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
User Contributions:
Comment about this article or add new information about this topic:
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