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British American Tobacco Moves Into Growing E-Cig Market

Law360, New York (September 22, 2015, 11:05 AM EDT) -- British American Tobacco PLC said Tuesday it will take over Polish e-cigarette company CHIC Group and announced plans for a vapor technology-sharing agreement with a Reynolds American Inc. subsidiary, as the tobacco company banks on the future of e-cigarettes amid changing consumer preferences.

London-based BAT’s acquisition of CHIC and a potential vapor technology and research and development collaboration highlights the tobacco company’s plans to double down on the growing e-cigarette space.

“Today, we’ve announced two significant milestones to enhance our next generation product business globally, further...
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