Imperial Brands, China Tobacco Form New Joint Venture
January 11 2017 - 8:53AM
Dow Jones News
By Ian Walker
LONDON--Tobacco firm Imperial Brands PLC (IMB.LN) said Wednesday
it has formed a new joint venture with China Tobacco to develop a
variety of growth opportunities in China and international
markets.
Imperial, whose portfolio includes the Davidoff, Gauloises, and
Lambert and Butler brands, said the partnership has the potential
to deliver meaningful growth in its first five years.
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
January 11, 2017 08:38 ET (13:38 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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