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Altidas

I heard on Bloomberg this morning that a group of Chinese investors purchased Altidas from Imperial Tobacco.

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    3 Deputy Mayor of CW

    (5 years ago)

    I think this is the article: https://finance.yahoo.com/news/macau-gambling-executive-linked-1-210000095.html

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    1 Blockhead

    (5 years ago)

    I just read that too (unless it's a another company purchase too). It sounds like it's only for Cuban Cohibas, Montes & RyJ(?) for outside of the US. Still not wild about the idea. That usually comes with price increases.

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    2 Wolfie

    (5 years ago)

    **I hope that isn’t the case **

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    3 Deputy Mayor of CW

    (5 years ago)

    @Goomba - do you have a link to that news? My searches on Bloomberg not finding this.

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      100 Goomba

      (5 years ago)

      I heard on the station this morning but I found the Bloomberg article. Search Imperial Tobacco cigar bloomberg and it will come up.

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    3 Deputy Mayor of CW

    (5 years ago)

    Interesting! Not necessarily good.

    When the sale was announced a few weeks ago as completed, it just said “private investors “.