Glenboden M & A Originations

BAT acquisition of Bentoel provides valuation benchmark in tobacco

lead image

This is the first significant tobacco deal, since Philip Morris International bought the 60% of Rothmans in Canada, that it didn't already own, in the middle of 2008. It provides a valuation benchmark, albeit in the atypical Indonesian tobacco market; it also confirms that, unlike in other FMCG sectors, a no.4 player in a market can still have value, in the cigarette business. More deals could follow, if JTI and imperial get their act together in the huge Indonesian market.

Read More Priority Rating priority rating 2
 
Latest Originations
Most Popular
Get more information
JOIN OUR E-MAILING LIST!

Join the hundreds of others that have discovered GLENBODEN, and we’ll deliver the latest M&A originations directly to your inbox.

Join the List

val table graphic
VALUATION GUIDE

GLENBODEN originations are supported by key valuation data to further stimulate and inform your research.

View Valuation Guide