Friday, December 18, 2009

Reynolds American Acquires Niconovum

Reynolds American (NYSE:RAI) has agreed to acquire Niconovum AB, Sweden, for SEK 310 million. Niconovum markets innovative nicotine replacement therapy products under the Zonnic brand name in Sweden and Denmark. Its nicotine gum, mouth spray and pouches use proprietary technology for nicotine delivery.

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