China Tobacco International (HK) Company Limited (SEHK:6055) acquired a 51% stake in China Brasil Tabacos Exportadora S.A. from China National Tobacco Corporation for $63.4 million on December 20, 2021. Iris Leung, Kevin Cheung and Matthew Poulter of Linklaters LLP acted as legal advisors to China Tobacco International (HK).

China Tobacco International (HK) Company Limited (SEHK:6055) completed the acquisition of a 51% stake in China Brasil Tabacos Exportadora S.A. from China National Tobacco Corporation on December 20, 2021.