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.

Imperial Tobacco, which is looking to take over rival Altadis, met forecasts with a 12 percent rise in annul earnings on Tuesday, but a delay until January in completing the Altadis deal hit its ...

Altadis, the manufacturer of the Gauloises cigarette brand, has begun arbitration proceedings in an attempt to gain 'substantial compensation' from Yamaha for what it claims are damages arising from ...

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 ...

We’ll send you a myFT Daily Digest email rounding up the latest European companies news every morning. Acquisitions continued to boost the bottom line at Altadis, the Spanish cigarette maker, which ...

An Altadis employee inspects cigarettes at a tobacco factory in Carquefou, western France, on March 20, 2007. The Franco-Spanish tobacco group says it will axe nearly 10% of its staff in Spain as ...

Britain's Imperial Tobacco has made an unsolicited bid approach for Altadis, the Franco-Spanish tobacco firm said on Thursday, announcing a cash bid valuing the firm at 11.53 billion euros ($15.2 ...

LONDON (MarketWatch) - Altadis, the Franco-Spanish tobacco group in a price war with Altria and Japan Tobacco, on Tuesday unveiled a 53% rise in quarterly profit on improving cigar profitability and ...

Imperial Tobacco upped its offer for Altadis over the weekend, only to be rebuffed by its Franco-Spanish tobacco rival this morning. The revised informal offer of €47 a share was made during talks ...

Imperial Tobacco will today announce an agreed takeover bid for Spanish rival Altadis, the maker of Gauloises and Fortuna cigarettes, that will value the company at more than €12bn (£8.1bn). A ...