BAT in bid
BAT Industries, the British tobacco conglomerate, bid SUS 4.2 billion for a big U.S. insurance firm to add to a set of American holdings that
includes New York’s chic Saks Fifth Avenue store. BAT, which makes Kool and Players cigarette brands among others and owns Chicago’s landmark Marshall Field department store, said it wants to buy Farmers Group Inc., the seventhbiggest insurance company in the United States.
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Bibliographic details
Press, 23 January 1988, Page 32
Word Count
70BAT in bid Press, 23 January 1988, Page 32
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