The world's largest international tobacco company said in a statement it intended to cooperate with the investigation but did not provide further details. ALSO READ: Mounting worry over donkeys' bleak futureSpokeswomen for BAT and the SFO declined to say which countries were covered by the investigation. Earlier this year, BAT said it had created a board subcommittee to monitor matters relating to the investigation between board meetings. The London-based company last week unseated Marlboro maker Philip Morris International (PM.N) as the world's largest international tobacco firm, following its $49 billion takeover of Reynolds American. The world's biggest tobacco company is state-owned China National Tobacco Corporation.

Source: Standard Digital August 01, 2017 10:41 UTC