UK cigarette maker BAT sells Russia business

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

It agreed to transfer its operations in Russia and Belarus to a group headed by local management.

BAT’s Belarus and Russia activities account for about 2.7% of total revenues and 2.5% of adjusted profits.

The London-listed company has “entered into an agreement to sell its Russian and Belarusian business” to a consortium led by members of BAT Russia’s management team, it said in a statement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines