British American Tobacco completed the acquisition of a minority stake in Sanity Group.

British American Tobacco, a company that manufactures and sells cigarettes, tobacco and other nicotine products, completed the acquisition of a minority stake in Sanity Group, a pharmaceutical company. Financial terms were not disclosed. “Investing in Sanity Group is another example of BAT’s ongoing work to explore numerous areas beyond nicotine, positioning BAT for future portfolio growth across a range of categories and geographies," Kingsley Wheaton, BAT Chief Growth Officer.