Company from United Arab Emirates became the owner of British American Tobacco Plc to Russian Federation

Profitable business passed into Russian Federation the Arab organization. Photo: Freepik on November 13. / MEDIA-TALK/. On Monday, November 13, it became known that BFI Holding from United Arab Emirates became the owner of division of British American Tobacco Plc to Russian Federation. About it wrote newspaper "Kommersant". It is a question of JOINT-STOCK COMPANY "BAT-SPB" and "MUMT" which made Kent cigarettes, "Java" and others. According to the edition, after completion of registration of all documents the division will replace the name with ITMS Group. Experts noted that registration of the head companies to United Arab Emirates is quite often used by transfer businesses to Russian Federation from foreign investors...