Source: Richard Craver, WINSTON-SALEM JOURNAL, 7/26/18
Full ownership of Reynolds American Inc. contributed again to sharp revenue and profit increases for British American Tobacco Plc in the first half of fiscal 2018. BAT is the world’s largest publicly traded tobacco manufacturer. Wednesday represented its first year of full ownership of Reynolds after spending $54.5 billion to purchase the 57.8 percent of the company it did not already own.
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