A man lights a cigarette near the Altadis office

AFP Friday May 4, 05:01 PM
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A man lights a cigarette by the office of the Franco-Spanish tobacco company Altadis in Madrid. Altadis said that it has received a preliminary 50-euro-per-share takeover offer from private equity groups CVC and PAI Partners that values the firm at 12.8 billion euros (17.4 billion US dollars). A man lights a cigarette by the office of the Franco-Spanish tobacco company Altadis in Madrid. Altadis said that it has received a preliminary 50-euro-per-share takeover offer from private equity groups CVC and PAI Partners that values the firm at 12.8 billion euros (17.4 billion US dollars).

AFP