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Imperial Brands exits premium-cigar business in $1.33-billion deal

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Imperial Brands exits premium-cigar business in $1.33-billion deal GlobeBusiness

“This disposal reinforces our strategic ambition of becoming a leaner and more agile organization,” joint interim chief executives, Dominic Brisby and Joerg Biebernick, said.

Imperial did not disclose further details about the buyers of the premium cigars business, which it has been trying to sell since late 2018.

 

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