16th Jul 2015 05:17
BRISTOL (Alliance News) - Imperial Tobacco Group PLC is considering selling an additional stake in its Spanish logistics unit Cia de Distribution Integral Logista Holdings SA, the Bloomberg reported, citing people with knowledge of the matter.
Imperial Tobacco, which owns about 70% of Logista, may reduce its holding to just over 50% via a sale to institutions, the report stated.
The company could also seek a buyer for the entire stake, the report added.
Spokesmen for Imperial and Logista declined to comment.
Copyright RTT News/dpa-AFX
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