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English news

04-Dec-2017

Eastern Co. to launch new cigarette brand in partnership with BAT this month

Eastern Company [EAST.CA] is planning to launch a new cigarette brand in partnership with British American Tobacco (BAT) in Dec 2017. The new product, which will be sold under the brand name “Pall Mall” at a retail price of EGP18/pack, is the second product to be produced in partnership with BAT after Viceroy.

Eastern Company: EGP380.0 as of 3 Dec. 2017, Rating: Buy, TP: EGP408.00/share, MCap: USD2,148mn, EAST EY/EAST.CA
 

 

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