Reynolds American sells Lane, Limited to Scandinavian Tobacco Group A/S (STG) for $205 million
Clients Reynolds American Inc.
Jones Day advised Reynolds American Inc. in its $205 million sale of Lane, Limited to Scandinavian Tobacco Group A/S (STG), a global company based in Denmark. Lane manufactures a variety of tobacco products including Kite and Bugler roll-your-own tobacco, and Captain Black pipe tobacco.
In addition to M&A representation, Jones Day provided antitrust, intellectual property, employee benefits, and tax advice regarding this transaction.