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Friday, February 22, 2008

BAT wins Turkish Tekel auction with $1.7 billion bid | Deals | Reuters

"BAT wins Turkish Tekel auction with $1.7 billion bid

By Selcuk Gokoluk and David Jones

ANKARA/LONDON (Reuters) - British American Tobacco, the world's second largest cigarette group, won the auction for Turkish state-owned tobacco firm Tekel on Friday after beating off three Turkish rivals with the highest bid of $1.72 billion."

More:BAT wins Turkish Tekel auction with $1.7 billion bid | Deals | Reuters