British American Tobacco writes off $32 billion on U.S. cigarette brands as tobacco alternatives gain popularity – Canada Boosts
British American Tobacco Plc is writing down a few of its US cigarette manufacturers by about £25 billion ($31.5 billion), sending shares to the most important decline in virtually 4 years. The maker of Fortunate Strikes is taking the non-cash impairment to replicate the diminishing carrying worth of the manufacturers over the following 30 years…
