• 09/20/2024

British American Tobacco is booking a $31.5 billion charge to slash the value of its U.S. cigarette business, one of the biggest corporate write-offs in recent history.

Wall Street Journal

British American Tobacco is booking a $31.5 billion charge to slash the value of its U.S. cigarette business, one of the biggest corporate write-offs in recent history.

https://www.wsj.com/business/earnings/british-american-tobacco-sees-gbp25-bln-impairment-but-backs-guidance-28d3d7cf