Imperial Tobacco completes Altadis takeover

18-Feb-2008

Imperial will also launch a tender offer for the shares in Logista that are not already owned by Altadis

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Imperial Tobacco has announced the completion of its €12.8bn ($18.2bn) takeover of Spanish tobacco products supplier Altadis. The Spanish Securities and Exchange Commission accepted Imperial’s offer to buy Altadis for

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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
(19-Oct-2007) - Takeover cleared on condition that Imperial sells some of its brands