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Last Updated: Wednesday, 19 March 2008, 11:32 GMT
Imperial hit by 140m merger cost
Imperial is the world's fourth-largest tobacco company
Imperial Tobacco has said it will take a one-off loss of 140m ($280m) due to accountancy adjustments relating to its January takeover of rival Altadis.

The UK group, the world's fourth biggest cigarette-maker, bought Franco-Spanish Altadis for 12.6bn euros ($19.9bn; 9.9bn) in January.

Imperial said its trading conditions remained in line with expectations.

Cigarette brands owned by the Bristol-based company include Lambert & Butler, West and Gauloises.

"The adjustments will have no effect on the underlying business performance or cash flows of the group," it said in a statement.

Shares in the firm were down 1% in Wednesday trading.

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13 Apr 07 |  Business
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15 Mar 07 |  Business

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