Imperial Brands, plc has announced that it has a deal in place to sell its premium cigar assets for €1.225 billion ($1.33 billion) in two stages. Little is known about the buyers—Gemstone Investment Holding Ltd and Allied Cigar Corporation S.L., two companies that appear to be holding companies created for this deal—but it is expected […] The post Imperial Sells Premium Cigar Business for $1.3 Billion appeared first on halfwheel.

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