British American Tobacco PLC (BTIJ.J)
16 Aug 2019
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JOHANNESBURG British American Tobacco's (BAT) proposed takeover of e-cigarette maker Twisp won approval from South Africa's Competition Tribunal on Tuesday after the UK-based group agreed to a series of conditions.
JOHANNESBURG, Aug 13 British American Tobacco's (BAT) proposed takeover of e-cigarette maker Twisp won approval from South Africa's Competition Tribunal on Tuesday after the UK-based group agreed to a series of conditions.
LONDON Differences over how to regulate Britain's new pension superfunds, designed to deal with pension deficits, have delayed the first deals in this area until next year, industry sources say.
European shares ended higher on Thursday as strong earnings from British American Tobacco and a multibillion dollar merger in the financial sector helped dispel early gloom after the U.S. Federal Reserve played down prospects for several rate cuts.
* BAT shares jump after beating H1 sales forecast (Updates to close)
* Shares up 2.3% in early trade (Adds adj. EPS forecast, analyst quote, updates shares)
LONDON, Aug 1 British American Tobacco Plc , the world's No. 2 tobacco company, reported higher first half sales on Thursday, helped by higher demand for its tobacco heating products, and said revenue growth would accelerate in the second half of the year.
European stocks ended lower on Thursday, as earnings worries ran high after poor results from software firm SAP sank technology shares, although hopes of looser monetary policy from the European Central Bank helped indexes bounce off early lows. | Video
* Italian shares jump 2.4% on avoiding EU sanction threat (Updates to close)