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New Deal


Announced

Completed

British American Tobacco to acquire Reynolds American for £71.5bn.

Financials

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Transaction Value£41,366m
Consideration TypeCash, Ordinary Shares
Capital Owned42%
Capital Bid For58%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Synopsis

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British American Tobacco, a cigarette company, to acquire Reynolds American, a tobacco company, for £71.5bn. "Our combination with Reynolds will benefit from utilising the best talent from both organisations. It will create a stronger, global tobacco and NGP business with direct access for our products across the most attractive markets in the world. We believe this will drive continued, sustainable profit growth and returns for shareholders long into the future." Nicandro Durante, BAT’s Chief Executive.

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