ANALYSIS: Is BAT's ‘lucky strike’ further evidence for a ‘great rotation’?

Added 21st October 2016

Massive, opportunistic M&A activity doesn’t tend to be a characteristic of the bottom of a cycle. Still-standing majors, snapping up capitulating minnows is common, but two behemoths joining forces is usually left for times when shares are expensive and can do a lot of the heavy lifting.

ANALYSIS: Is BAT's ‘lucky strike’ further evidence for a ‘great rotation’?

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