British American Tobacco's Canadian subsidiary files a compromise plan in Ontario Superior Court to settle ongoing tobacco litigation.

British American Tobacco's Canadian subsidiary, ITCAN, has filed a compromise plan in the Ontario Superior Court, aiming to settle ongoing tobacco litigation. This plan addresses all Canadian tobacco claims and offers a full release for BAT and its affiliates. The settlement will be financed through existing cash and future sales in Canada, with the goal of maximizing recovery for creditors.

October 18, 2024
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