PHL's Mighty Corp. says in early distribution talks with BAT

 

(GMA) Filipino-owned tobacco company Mighty Corp. is in very preliminary talks with British American Tobacco (BAT) about a possible distribution partnership, a Mighty executive said on Thursday (Friday, PHL time), as BAT seeks to expand in Asia.
Mighty is the second-largest tobacco company in the Philippines behind PMFTC Inc., a joint venture between a local unit of Philip Morris International and local firm Fortune Tobacco Corp.
Speculation about discussions between Mighty and the maker of Lucky Strike and Dunhill cigarettes has been swirling for weeks and a Mighty executive told Reuters on Thursday the companies were in early talks. Continued