CAMEL

British American Tobacco said on Thursday it entered into a deal to sell its Russian and Belarusian businesses. The maker of Camel and Lucky Strike cigarettes said in March 2022 it would look to exit Russia.

British American Tobacco produces Lucky Strike, Dunhill, and Pall Mall brands. It agreed in 2017 to take over Reynolds American Inc., which owned brands like Newport and Camel.

Lucky Strike and Camel cigarette maker British American Tobacco has warned of possible job losses as it revealed an overhaul of its regional structure and business divisions. The group said the plans will see the number of regions cut from four to three – merging the European business with the Americas division. It will reduce its business units from 16 to 12, with changes taking effect from April.