Purchase to go ahead — as long as Twisp doesn’t smoke its rivals
Competition Tribunal gives BATSA the go-ahead to buy the country’s largest e-cigarette retailer, but with conditions
The Competition Tribunal has set several conditions barring British American Tobacco SA’s (BATSA) recently acquired Twisp from squeezing out competitors.
BATSA, the second-largest company listed on the JSE by market capitalisation, has acquired SA’s largest e-cigarette retailer, but the tribunal’s approval of the transaction came with a number of competition and employment conditions...
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