EX-99.2 3 a07-28164_1ex99d2.htm EX-99.2

Exhibit 99.2

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA.

 

18 October 2007

 

European Commission approves proposed acquisition of Altadis, S.A. by Imperial Tobacco Group PLC

 

The European Commission today announced its decision to approve Imperial Tobacco Group PLC’s (“Imperial Tobacco”) proposed acquisition of Altadis, S.A. (“Altadis”).

 

Gareth Davis, Chief Executive, said: “We are pleased that the European Commission has approved our proposed acquisition of Altadis, subject to the enlarged group divesting a small number of fine cut tobacco, pipe tobacco and cigar brands in certain European markets, including Interval fine cut tobacco in France. We always anticipated some divestments and, in the context of the overall combined portfolios, these will not materially adversely affect the operational and financial performance of the enlarged group.”

 

Imperial Tobacco envisages receiving approval of its proposed offer of €50 for each Altadis share (the “Offer”) from the Comisión Nacional del Mercado de Valores (the “CNMV”), the Spanish Securities and Exchange Commission, soon. The Offer acceptance period will commence after the CNMV’s approval is received.

 

Enquiries

 

Imperial Tobacco

 

Alex Parsons

Tel: +44 (0) 7967 467241

(Group Media Relations Manager)

 

Simon Evans

Tel: +44 (0) 7967 467684

(Group Press Officer)

 

John Nelson-Smith

Tel: +44 (0) 7919 391866

(Investor Relations Manager)

 

 

 

Citi (lead financial adviser to Imperial Tobacco)

Tel: +44 (0) 20 7986 4000

Ian Carnegie-Brown

 

Ian Hart

 

Mark Todd

 

 

 

Manuel Falco

Tel: +34 (0) 91 538 4411

 

 

Hoare Govett

Tel: +44 (0) 20 7678 8000

(joint corporate broker to Imperial Tobacco)

 

Hugo Fisher

 

Paul Nicholls

 

 

 

Lehman Brothers

Tel: +44 (0) 20 7102 1000

(financial adviser to Imperial Tobacco)

 

Ludovico del Balzo

 

Adrian Fisk

 

 

 

Morgan Stanley

Tel: +44 (0) 20 7425 5000

(financial adviser and joint corporate

 

broker to Imperial Tobacco)

 

Gavin Macdonald

 

Paul Baker

 

 

 

Banco Santander

Tel: +34 (0) 91 289 3371

(financial adviser to Imperial Tobacco)

 

Filipe Ribeiro-Ferreira

 

Georg Orssich

 

 

Citi, Hoare Govett Limited, Lehman Brothers Europe Limited, Morgan Stanley & Co. International Limited and Banco Santander, which are authorised and regulated in the United Kingdom by the Financial Services Authority, are acting exclusively for Imperial Tobacco and no one else in relation to the matters referred to in

 



 

this announcement and will not be responsible to anyone other than Imperial Tobacco for providing the protections afforded to clients of Citi, Hoare Govett Limited, Lehman Brothers Europe Limited, Morgan Stanley & Co. International Limited and Banco Santander respectively nor for providing advice in relation to these matters, the content of this announcement or any matter referred to in it.

 

Copies of Imperial Tobacco’s announcements are available on its website: www.imperial-tobacco.com