Altadis price rises amid rumours of Imperial bid

15-Jan-2005

Franco-Spanish tobacco manufacturer Altadis' share price has been boosted by speculation that the company may soon combine its brand portfolio with that of UK-based supplier Imperial Tobacco

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Rumours began earlier this month following a report from US investment bank UBS suggesting that the two companies were considering a merger. The deal would create the largest tobacco supplier

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(25-Jan-2008) - The tobacco supplier has been informed by the Spanish Securities and Exchange Commission that its offer for Altadis has become unconditional
(16-Jul-2007) - The Italian group will aim for full control of the Spanish travel retailer if its fellow 50% stakeholder Altadis is acquired, according to Spanish press reports