News

Imperial Sells Premium Cigar Business for $1.3 Billion

Posted   |   Less than a minute to read
By: halfwheel

Imperial Brands, plc has announced that it has a deal in place to sell its premium cigar assets for €1.225 billion ($1.33 billion) in two stages. Little is known about the buyers—Gemstone Investment Holding Ltd and Allied Cigar Corporation S.L., two companies that appear to be holding companies created for this deal—but it is expected […] The post Imperial Sells Premium Cigar Business for $1.3 Billion appeared first on halfwheel.

See more at halfwheel

Join Cigar World Testing Lab
Comment Comment

Comments

No one has commented on this page yet.

Current Cigar World Promotions

Promotions
rail promo page

Calling all Diesel Disciples: Take on Diesel’s Fool’s Errand challenge for your chance to win exclusive Diesel prizes.

—

To celebrate the new Worthy Fool cigar—the final installment in the Fool’s Errand line—Diesel Cigars is giving fans the chance to win exclusive prizes! Just solve five simple riddles, and you could bring home rewards.