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Gallaher in talks with Cita

B&H and Silk Cut maker Gallaher is in talks to buy a controlling stake in the Canary Islands tobacco group Cita, according to reports in Spain.

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It is said to be discussing a deal with the Zamorano family for its 50% holding, said to be worth more than e60m (£40.5m).

Tobacco multi-national Altadis owns the rest.



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