BAT Enters Agreement To Sell Its Russian And Belarusian Businesses - Quick Facts

(RTTNews) - British American Tobacco p.l.c. said it has now formally entered into an agreement to sell its Russian and Belarusian businesses. The buyer is a consortium led by members of BAT Russia's management team. Post completion, the businesses will be known as the ITMS Group.

BAT's operations in Russia include a head office in Moscow, 75 offices and a manufacturing facility.

British American Tobacco stated that it remains confident of delivering full year guidance as set out at half year results on 26 July 2023.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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