Corruption probe deals second blow to BAT

ReutersNewsPublished: August 1, 2017
Published: August 1, 2017

Britain has opened a formal investigation into suspicions of corruption at British American Tobacco (BAT) and its subsidiaries, nearly two years after allegations of bribery in Africa first surfaced. As Ciara Lee reports, the move comes after shares in BAT tumbled 12 percent in the previous two sessions following a proposal by the U.S. government to cut nicotine in cigarettes.

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