KEY POINTS:
Franco-Spanish cigarette maker Altadis rejected an improved US$12 billion ($16.5 billion) takeover approach from Imperial Tobacco triggering speculation that the UK company may launch a hostile bid.
Franco-Spanish cigarette maker Altadis rejected an improved US$12 billion ($16.5 billion) takeover approach from Imperial Tobacco triggering speculation that the UK company may launch a hostile bid.
The index reached levels last seen in early February 2022.