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British American Tobacco wipes $31.5 billion off value of US cigarette brands

todayDecember 6, 2023 6

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British American Tobacco wipes $31.5 billion off value of US cigarette brands
British American Tobacco will take a hit of around $31.5 billion as it writes down the value of Camel, Pall Mall and other US cigarette brands, the company said Wednesday, acknowledging that its traditional market has no long-term future.

​ British American Tobacco will take a hit of around $31.5 billion as it writes down the value of Camel, Pall Mall and other US cigarette brands, the company said Wednesday, acknowledging that its traditional market has no long-term future. Read More Breaking News, Latest News and Videos | CNN 

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