28.6 C
New York
Saturday, July 13, 2024

Tobacco giant sees sunset for US cigarette business

The maker of Lucky Strike and Pall Mall cigarettes says its smoking business in the US is dying out. British American Tobacco (BAT) wrote off £25bn ($31.5bn) in value due to the changed outlook for brands such as Newport and Camel. The move cut the brands’ worth by more than a third, and sent the …

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

156,968FansLike
396,312FollowersFollow
2,300SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x