EU anti-trust regulators have approved the purchase of Skandinavisk Tobakskompagni's cigarette business by British American Tobacco (BAT).

However, the European Commission said that its approval of the USD 3.9 billion (EUR 2.48 billion) deal between BAT and the Danish company is conditional on the sale of a number of tobacco brands by BAT primarily in Norway, such as Petteroe's and Tiedemanns Rod. BAT has offered to sell off two roll-your-own tobacco products in Norway, the EU said.
The commission said it found the deal would not impede competition in the EU market, except for Norway where the two would have had a dominant market position without divesting two tobacco brands. (pi)