Friday, 21 October 2016 10:56 amOn second thoughts perhaps Jonthan Leinster, a scribbler over stockbroker Berenberg, should claim the this morning's BAT / Reynolds scoop. At 6:00 am this morning (so before the market had open) the analyst, who upgraded BAT to "buy", published a note raising the prospect of the London-listed tobacco giant buying the remaining 58pc of Reynolds that it doesn't own. I have pasted the salient paragraph below:
Friday, 21 October 2016 8:04 amNow to be fair, team Ben (that's Ben Marlow and Ben Martin) of The Sunday Telegraph have a right to claim the "scoop" after reporting in March this year that British American Tobacco had hired Centreview Partners alongside Deutsche Bank and UBS ahead of a bid for Reynolds American.
