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British American Tobacco to Write Down $31.5 Billion on U.S. Brands WSJ British American Tobacco writes off $32 billion on U.S. cigarette brands as tobacco alternatives gain popularity Fortune British American Tobacco (BAT) has announced its intention to end its domestic production operations in South Africa by 2026. BAT cites the rising prevalence of illegal cigarette sales in South Africa, which British American Tobacco to End South African Manufacturing WSJ
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