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"It will create a stronger, global tobacco and (next generation products) business with direct access for our products across the most attractive markets in the world." London-headquartered BAT will buy the 57.8 percent of Reynolds it does not already own

Merchants with high chargeback ratios will likely have to deal with higher chargeback rates

BAT funded Forensic Security Services (FSS) in a corporate espionage campaign against independent manufacturers and has been accused of bribery

Although some gaps remain to be filled by further research, our study conclusively establishes that ENDS offer smokers a far safer alternative way to consume nicotine, which itself is relatively harmless, he added

Most distributors expect this to impact supply for the next two months