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Each tobacco companys considerations and actions are likely to be influenced by their unique brand portfolios, acquisition histories and strategic priorities within the evolving tobacco industry landscape. A Win-Win Move In the GIFT ranking, BAT retained its position as the most intangible entity within the sector, boasting a total intangible value of $135.2 billion despite several acquisitions by its competitors

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Those who smoke daily but dont vape daily have more than halved from 32% to 15%, and those who vape daily but dont smoke daily have more than doubled from 8% to 22%