Herbies advises BAT on £2.05bn Danish acquisition
British American Tobacco (BAT) has turned to Herbert Smith for advice on the £2.05bn purchase of Scandinavia’s largest tobacco brand. The company paid £1.15bn cash and £904m in stock in exchange for the tobacco arm of Denmark’s Skandinavisk Tobakskompagni (ST). Herbert Smith corporate partners Austin Sweeney and James Palmer acted for longstanding client BAT. BAT […]