Dentons advises Adris grupa on €550 million sale of its tobacco business to British American Tobacco
Dentons has advised Adris grupa in connection with sale of TDR and other entities within Adris Strategic Business Units Tobacco and Retail, including among others Istragrafika, Hrvatski duhani and the iNovine and Opresa retail chains, for a total enterprise value of €550 million. The transaction, which is subject to the approval of the Shareholders’ Assembly of Adris as well as customary competition clearances, is expected to close in September 2015.