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Imperial Tobacco to spin off Logista unit

Jun. 10, 2014 6:59 AM ETImperial Brands PLC (IMBBY) StockIMBBYBy: Clark Schultz, SA News Editor
  • Imperial Tobacco (ITYBY) says it will spin off its Companía de Distribucion Integral Logista Holdings unit in an IPO.
  • The tobacco giant plans to hold on to a majority of the shares in the distribution company.

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