Kingsway Capital in talks with Big Tobacco over AIR stake sale – sources
DUBAI, June 8 (Reuters) – Britain’s Kingsway Capital has started meetings with big tobacco firms as the private equity firm prepares to sell its stake in Dubai-based tobacco business Advanced Inhalation Rituals (AIR), two sources familiar with the matter told Reuters. Kingsway, the majority owner of AIR, has held talks with potential investors including British … [Read more…]