06.09.2013

BAT joint venture with CNTC

A joint venture between British American Tobacco (BAT) and China National Tobacco Corporation (CNTC) to globally market Chinese and British cigarettes has begun operations, BAT said.

CTBAT International Ltd will own and manage international distribution of State Express 555, a BAT cigarette brand. The joint venture also will own international rights to China’s Shuang Xi brand, according to the statement.


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