Imperial Says Sale of Premium Cigar Division Delayed, Expects Deal Completed in One Month

The most valuable transaction involving a premium cigar company has been delayed due to the coronavirus COVID-19 pandemic. Imperial Brands, plc—the British multinational tobacco company—has announced that the €1.225 billion ($1.429 billion) sale of its premium cigar division is now expected to be completed by Oct. 29, which the company says is “slightly delayed from […] The post Imperial Says Sale of Premium Cigar Division Delayed, Expects Deal Completed in One Month appeared first on halfwheel.