A 12.5 per cent price hike will make the cheapest packs $29, or more than $10,000 a year for a pack-a-day habit. Cigarettes are about to burn a much bigger hole in smokers’ pockets. A 12.5 per cent ...

which may see a price and quality increase after the deal. The potential impact of certain environmental, social, and governance issues on the credit quality and valuation of each position are ...