ft.com
When Susan Cameron, the first woman to run a big tobacco company, returned to the top job at Reynolds American in May this year, the move was seen as a signal of an imminent merger or acquisition. Bonnie Herzog of Wells Fargo said Ms Cameron’s return “could increase the chances for, and signals, a potential strategic partnership with BAT”. She added that Wells Fargo continued “to believe the chances are great” that Lorillard would be acquired by Reynolds. British American Tobacco holds a 42 pe…
over 10 years ago