Reynolds in Talks to Buy Sweden's Niconovum-WSJ

Source from:  Reuters 11/09/2009

Tobacco giant Reynolds American Inc. is in advanced talks to buy a Swedish maker of products that help people stop smoking, the Wall Street Journal reported on Sunday. The paper said that Reynolds is near a deal to buy closely held Niconovum AB, and cited David Sweanor, a Canadian law professor and tobacco expert who it said was briefed on the deal, and another individual with knowledge of the matter. Niconovum, based in Helsingborg, makes nicotine-replacement therapies such as Zonnic pouch and Zonnic gum, the paper said. Reynolds was not immediately available for comment. Enditem