BAT to Change Auditors after 17 Years with PWC

British American Tobacco, the world's second-largest cigarette maker, said on Monday it had launched a competitive tender process to appoint new external auditors, after using PricewaterhouseCoopers since 1998.

BAT said having completed the audit of the firm's 2014 financial statements, PWC will not seek re-appointment for the 2015 results.

The three remaining large auditors - Deloitte, Ernst & Young and KPMG - have been invited to take part in the tender process. Enditem