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UK FMCG businesses in the lower mid-market are typically valued on an EBITDA multiple basis, with multiples adjusted up or down depending on brand strength, distribution depth, recurring revenue profile, and category growth rate
Reporters found four firms operating in Panama with connections to CNTC, although the sheer volume of Chinese cigarettes being smuggled around Latin America suggests that similar networks remain undiscovered
New Zealand on Thursday said it will ban young people from buying cigarettes for life, one of the toughest approaches in the world to curbing smoking deaths as part of a wider plan that focuses on the disproportionate impact on its indigenous Maori population
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But the reason why e-cigarettes are so popular is mostly because of the pleasurable effect on the palette
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