Will Tabaqueira sale be a carve-up?
Article Abstract:
Portuguese government plans to undertake a trade sale of state tobacco company Tabaqueira, with an 80% stake going to the highest bidder in an auction, have attracted considerable interest from leading international tobacco concerns. The company is seen as the only route by which to enter the Portuguese tobacco market, where the ban on tobacco advertising makes a start-up operation very risky. However, some observers believe that the company could be divided up between domestic investors, particularly favouring former owner Jorge de Mello.
Publication Name: Mergers & Acquisitions International
Subject: Business, international
ISSN: 1066-3525
Year: 1995
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Tabaqueira sale delayed
Article Abstract:
It is unlikely that Tabaqueira of Portugal, a tobacco company, will be sold until after October, following the general election. A potential bidder is Horacio Roque, who owns 36.3% of Madeirense de Tobacos, a Madeira tobacco company. Conditions for the sale of Tabaqueira have not yet been approved by the government.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1995
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Portugal to sell Tabaqueira stake
Article Abstract:
This article discusses the privatization of Portugal's tobacco firm Tabaqueira through a combination of strategic sale and public offer. Details and background about the sale are presented.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1999
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