BAT to enter Colombia after Philip Morris bid goes up in smoke
BAT has recreated the "dream team" that thwarted Philip Morris in its own attempt to buy Protabaco.
British American Tobacco (BAT) has hired lawyers from Baker & McKenzie LLP's New York and Bogotá offices and Colombian competition boutiques Rubio Escobar Abogados Consultores and Pinilla Moreno & Asociados for its acquisition of Productora Tabacalera de Colombia (Protabaco) - recreating the "dream team" that successfully challenged Philip Morris's attempt to buy the company.
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