British American Tobacco writes down $31.5 billion as it shifts its business away from cigarettes
Published
FILE - The logo for British American Tobacco appears above a trading post, July 24, 2017, on the floor of the New York Stock Exchange. Shares of British American Tobacco tumbled Wednesday, Dec. 6, 2023, after the owner of Camel and American Spirit cigarettes took an impairment charge of about…
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