BAT Hunts for Acquisitions in Asia, North Africa, CFO Says

  • Lucky Strikes maker planning ‘smaller’ purchases, Stevens says
  • CFO doesn’t expect big industry consolidation in coming years

British American Tobacco Plc, the maker of Lucky Strike and Pall Mall cigarettes, said it’s on the hunt for bolt-on acquisitions in emerging markets as major tobacco industry consolidation looks improbable.

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