Brief: Scandinavian Tobacco Group buys business Of Thompson and Co. Of Tampa, Inc

Scandinavian Tobacco A/S

31/01/2018 21:32

Jan 31 (Reuters) - Scandinavian Tobacco Group A/S 
 STOGR.CO : 
    * REG-SCANDINAVIAN TOBACCO GROUP A/S: SCANDINAVIAN TOBACCO 
GROUP 
ACQUIRES A LEADING US ONLINE CIGAR RETAILER 
    * ACQUISITION IS EXPECTED TO HAVE A POSITIVE IMPACT ON 
GROUP'S 
ADJUSTED EBITDA DURING 2019 
    * SAYS SIGNED AN AGREEMENT TO ACQUIRE BUSINESS OF THOMPSON 
AND CO. 
OF TAMPA, INC 
    * PURCHASE PRICE AMOUNTS TO USD 62 MILLION AND ACQUISITION 
WILL 
BE FINANCED BY EXISTING CASH AT HAND 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nGNE9Dr0qd 
Further company coverage:  STOGR.CO  
 
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