Saturday, November 29, 2014

Buyout Firms Said Vieing for World’s Biggest Cigar Company

 

(Bloomberg) The owners of Scandinavian Tobacco Group A/S, a Danish manufacturer of cigars, are in talks with private-equity firms about a possible sale of the company, people with knowledge of the matter said.
... The company, whose history dates back more than 200 years, merged in 2010 with a cigar and pipe tobacco business of Swedish Match, and is the world’s largest manufacturer of cigars and pipe tobacco, according to its website. Continued

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