UK's Imperial Brands in JV with China Tobacco

UK's Imperial Brands in JV with China Tobacco

View of a sign outside the Imperial Tobacco Seita cigarette plant in Carquefou, near Nantes, April 15, 2014. REUTERS/Stephane Mahe

Britain’s Imperial Brands has formed a joint venture with state-owned China National Tobacco (CNTC) in a move to gain a foothold in the world’s largest cigarette market.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter