(Bloomberg) -- Altadis SA credit-default swaps rose amid reports that CVC Capital Partners Ltd. plans to bid for the Spanish maker of Gauloises cigarettes and Cohiba cigars.
London-based CVC will offer between 50 euros ($68) and 52 euros a share for the tobacco company, Spanish newspaper Negocio reported, citing unnamed people it said were close to the situation.
Read more at Bloomberg Bonds News
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