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Imperial Says Sale of Premium Cigar Division Delayed, Expects Deal Completed in One Month

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By: halfwheel

The most valuable transaction involving a premium cigar company has been delayed due to the coronavirus COVID-19 pandemic. Imperial Brands, plc—the British multinational tobacco company—has announced that the €1.225 billion ($1.429 billion) sale of its premium cigar division is now expected to be completed by Oct. 29, which the company says is “slightly delayed from […] The post Imperial Says Sale of Premium Cigar Division Delayed, Expects Deal Completed in One Month appeared first on halfwheel.

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