Imperial Tobacco says working capital sufficient following Altadis buy

Date : 22/02/2008 @ 13:10
Source : TFN
Stock : Altadis Sa (ALT)
Quote : 16.5  -1.0 (-5.71%) @ 10:04
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Imperial Tobacco says working capital sufficient following Altadis buy

        LONDON (Thomson Financial) - Imperial Tobacco Group PLC said its working
capital is sufficient following completion of its acquisition of Altadis SA.
    In a circular issued to shareholders, it said taking into account banking
and other facilities available to the enlarged group, working capital is
"sufficient for its present requirements."
    It added there has been no significant change in the financial or trading
position of the Altadis Group since June 30, 2007 which was the last time
unaudited interim results of Altadis were prepared.
    Spain's stockmarket regulator CNMV today said Altadis shares will be
delisted on Feb 25.
tf.TFN-Europe_newsdesk@thomson.com
jag

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