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BAT cool on reports of Turkish bidBAT cool on reports of Turkish bid
2-Sep-2003
Following its recent purchase of Italian state-owned tobacco supplier Ente Tabacchi Italiani, British-American Tobacco has denied reports that it has bid £2bn ($3.2bn) for Turkey?s state-owned tobacco manufacturer Tekel.
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?Following its recent purchase of Italian state-owned tobacco supplier Ente Tabacchi Italiani, British-American Tobacco (BAT) has denied reports that it has bid £2bn ($3.2bn) for Turkey?s state-owned tobacco manufacturer Tekel.........
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(2-Aug-2003) - Philip Morris? Italian distribution agreement may be in jeopardy following rival British American Tobacco?s purchase of state-owned tobacco supplier Ente Tabacchi Italiani last month.
(2-Mar-2002) -
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(15-Dec-2004) - The Turkish government is to make a second attempt to sell state tobacco monopoly Tekel within a few months, a source close to the company has told DFNI
(18-Jul-2003) - British-American Tobacco's Eu2.32bn ($1.6bn) bid for Italian state-owned tobacco supplier Ente Tabacchi Italiani has been accepted. BAT, with local partners FB Group and Axiter beat stiff international competition, and will become the second largest supplier in the local market.