Advertisement
UK markets closed
  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     
  • FTSE 250

    20,164.54
    +112.21 (+0.56%)
     
  • AIM

    771.53
    +3.42 (+0.45%)
     
  • GBP/EUR

    1.1652
    -0.0031 (-0.26%)
     
  • GBP/USD

    1.2546
    +0.0013 (+0.11%)
     
  • Bitcoin GBP

    50,300.93
    +3,098.24 (+6.56%)
     
  • CMC Crypto 200

    1,359.39
    +82.41 (+6.45%)
     
  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     
  • DOW

    38,675.68
    +450.02 (+1.18%)
     
  • CRUDE OIL

    77.99
    -0.96 (-1.22%)
     
  • GOLD FUTURES

    2,310.10
    +0.50 (+0.02%)
     
  • NIKKEI 225

    38,236.07
    -37.98 (-0.10%)
     
  • HANG SENG

    18,475.92
    +268.79 (+1.48%)
     
  • DAX

    18,001.60
    +105.10 (+0.59%)
     
  • CAC 40

    7,957.57
    +42.92 (+0.54%)
     

U.S. FTC considers settlement terms for Reynolds American-Lorillard merger -WSJ

WASHINGTON, April 2 (Reuters) - The U.S. Federal Trade Commission is considering possible settlement terms to allow Reynolds American (NYSE: RAI - news) to proceed with its $25 billion acquisition of rival tobacco company Lorillard (NYSE: LO - news) , the Wall Street Journal reported on Thursday, citing people familiar with the matter.

The companies have been meeting with FTC commissioners this week to discuss the merger, which would combine the nation's second- and third-largest cigarette makers, the paper reported.

The tobacco firms announced their deal last July, and the commission has been scrutinizing it closely for potential antitrust concerns. (Reporting by Eric Beech; Editing by Sandra Maler)