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Image header Agence Europe
Europe Daily Bulletin No. 9614
Contents Publication in full By article 34 / 36
ECONOMIC INTERPENETRATION / (eu) tobacco

British company British American Tobacco (BAT) won the bidding war in the privatisation of Turkish state tobacco company Tekel for €1.2 billion and has taken control of Denmark's Skandinavisk Tobakskompagni, in which it already held a 32% stake, for € 2.7 billion. Skandinavisk Tobakskompagni, a private company, increased its turnover by 5% in 2007 to €5.6 billion. The acquisition of Skandinavisk Tobakskompagni had made BAT 40% bigger in a single sale. BAT's investment rose 3% in 2007...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
SUPPLEMENT