4:40pm (UK)
Serbian Deal


"PA"

Cigarettes group British American Tobacco has won a government auction to buy a 67.8% stake in state-owned Serbian tobacco company Duvanska Industrija Vranje for £35.1 million, with BAT committing to invest £16.8 million in factory modernisation during a two-year period.




http://www.business.scotsman.com/latest.cfm?id=1758243

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