Member access

4-Traders Homepage  >  Shares  >  London Stock Exchange  >  Imperial Tobacco Group PLC    IMT   GB0004544929

Delayed Quote. Delayed London Stock Exchange - 12/19 11:35:22 am
2857 GBp   +1.13%
1d ago IMPERIAL TOBACC : Director/PDMR shareholding
1d ago BRITISH AMERICA : Subsidiary Reaches Settlement With Flintkote
2d agoDJCuba-U.S. Thaw Could Heat Up Fights Over Cigar, Rum Rights
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

PRESS: Imperial Tobacco Eyes Reynolds, Lorillard Assets - Reuters

06/12/2014 | 02:02am US/Eastern

LONDON (Alliance News) - Imperial Tobacco Group PLC is considering a deal to buy assets that are likely to be sold by US tobacco companies Reynolds American Inc and Lorillard Inc if they go ahead with a proposed merger, Reuters reported Thursday, citing people familiar with the matter.

The two US tobacco companies are in advanced talks about a deal and have discussed selling some brands to address antitrust concerns, the report said.

The assets that potentially will be sold are expected to be significant, and the two companies might line up a buyer before finalising the merger.

The report said that, were Imperial to pick up the assets, it would give it additional scale in the competitive, declining US tobacco market which is dominated by Marlboro maker Altria Group Inc.

http://uk.reuters.com/article/2014/06/11/us-imperial-divestiture-idUKKBN0EM2TP20140611

Copyright 2014 Alliance News Limited. All Rights Reserved.

React to this article
Latest news on IMPERIAL TOBACCO GROUP PLC
1d ago IMPERIAL TOBACCO : Director/PDMR shareholding
1d ago BRITISH AMERICAN TOBACCO : Subsidiary Reaches Settlement With Flintkote
2d agoDJCuba-U.S. Thaw Could Heat Up Fights Over Cigar, Rum Rights
4d ago IMPERIAL TOBACCO : Proposed USA acquisition - Notice of General Meeting and Circ..
5d agoDJHungary Parliament Puts Further Limits on Tobacco Trade
5d ago IMPERIAL TOBACCO : Shareholder Circular published on National Storage Mechanism
12/12DJReynolds, Lorillard Shareholders to Vote Jan. 28 on $25 Billion Merger
12/12DJDecline in Ruble Starting to Hurt Western Multinationals
11/27 IMPERIAL TOBACCO : *nomura raises imperial tobacco price target to 2490 pence - ..
11/19 IMPERIAL TOBACCO : Holding in Company
Advertisement
Chart
Duration : Period :
Imperial Tobacco Group PLC Technical Analysis Chart | IMT | GB0004544929 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF