Imperial and Cvc Competing for Altadis

The JournalApril 17, 2007

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Summary


Imperial Tobacco's hopes of landing rival Altadis are under further pressure after it was reported private equity firm CVC planned to bid.

CVC, which this week pulled out of the running to buy supermarket chain Sainsbury's, is said to have held talks with Altadis's management and is also thought to be planning a consortium to submit an approach.

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Extract


Imperial and Cvc Competing for Altadis

Altadis, which makes Gitanes cigarettes, has alrea...

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