Oct 20 2008
More for the record…
British American Tobacco (BAT) is set to play a bigger role in the lives of SA shareholders, with a secondary listing on the JSE on the way and SA shareholders projected to end up with about 15% of BAT’s issued share capital.
According to Jan du Plessis, chairman of BAT, eastern Europe and Russia are future growth markets (together with north Africa, the Far East and Middle-East). Consequently, I’ll increase my reporting on BAT business moves in eastern Europe, the Middle-East and Russia going forward.