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Corporate News > Russian Manufacturers
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Donskoy Tabak Looking for Buyer

The Rostov-on-Don, Russia, factory Donskoy Tabak has contracted the US bank JP Morgan Chase to assist in looking for a buyer for its business

Sources say the international tobacco company Imperial Tobacco Group is one potential buyer for the company. The selling process may be delayed or even terminated because of the situation in Ukraine, according to a Bloomberg source. Both companies’ spokespeople have declined comment.

Donskoy Tabak is part of the multi-sector holding company...

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