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Source: Richard Craver, WINSTON-SALEM JOURNAL, 2/28/19
The first full year of total ownership of Reynolds American Inc. bolstered British American Tobacco Plc to a 45.2 percent jump in fiscal 2018 profit, BAT reported Thursday. The London-based cigarette and tobacco manufacturer paid $54.5 billion in July 2017 to acquire the 57.8 percent stake in Reynolds that it did not already own. For more of this story, click here.
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