Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. European tobacco giant Altadis was the biggest mover in the credit derivatives markets on Thursday, after ...

Altadis has hired three investment banks to advise it after the Franco-Spanish tobacco group received an approach from Imperial Tobacco, a source familiar with the situation said on Tuesday. The ...

Britain's Imperial Tobacco agreed to buy Franco-Spanish rival Altadis for 12.6 billion euros ($17.4 billion) on Wednesday in a deal that will see it jump to No 2 from 4 in Europe's cigarette industry.

A merger in the tobacco industry will send some Fort Lauderdale jobs up in smoke. Commonwealth-Altadis, a tobacco sales and distribution company, has notified state officials that it will lay off 150 ...

Bid target Altadis posted in-line first-half net profit of 247 million euros ($335.8 million) on Thursday, but predicted the second half could be sapped by the effect of dollar weakness on income.

Imperial Tobacco will have to pay a lot more than it had originally hoped to acquire its Franco-Spanish rival, Altadis, but its plan to consolidate its position and push further into Europe, following ...

LONDON (MarketWatch) -- Private equity firm CVC Capital is in advanced negotiations to form a consortium to buy French-Spanish tobacco firm Altadis , the Financial Times reported on Friday. CVC has ...

After months of speculation, Imperial Tobacco is finally going ahead with an offer for Spanish rival Altadis. The €45-a-share ($60) approach, although unsolicited, is friendly in nature -- at ...