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Portugal to Sell 10 Percent of Tabaqueira to Workers, Others |
 | | Portugal said it will sell 10 percent of Tabaqueira-Empresa Industrial de Tabacos SA for 5.55 billion escudos ($29.7 million or 27.7 million euros) to employees, small subscribers and Portuguese emigrants. |
 | | The Council of Ministers, at its weekly meeting, set a share price of 5,550 escudos, or 27.68 euros, reserving 300,000 for employees and 700,000 for emigrants and small investors. |
 | | Portugal said on Aug. 12 it would sell another 25 percent of the tobacco company to the Portuguese unit of Philip Morris Cos., the world's largest tobacco company, boosting the unit's stake in Tabaqueira to 90 percent. |
| www.tobacco.org /news/28329.html (139 words) |
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