LONDON – British American Tobacco PLC (BATS.LN) Tuesday said it has been informed by the U.K.'s Serious Fraud Office that it has now opened a formal investigation into the company related to allegations of misconduct.
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The maker of Lucky Strike cigarettes, which previously announced that it was itself investigating allegations of misconduct by the company in Africa, said it has been co-operating with the SFO on the matter and intends to co-operate with the investigation.
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(END) Dow Jones Newswires
August 01, 2017 03:03 ET (07:03 GMT)