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BNPP and Deutsche advise Imperial on €5.2bn acquisition

Two of Imperial Tobacco's lending banks have emerged alongside Morgan Stanley as advisors to the UK company on the biggest acquisition in Europe so far this year.

BNP Paribas and Deutsche Bank were hired to give financial advice to the UK tobacco company on its €5.2bn ($4.6bn) purchase of 90% of Reemtsma, the German cigarette manufacturer.

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