Creditors approve $32.5B tobacco deal
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•Creditors approve proposed $32.5B deal with tobacco giants today: lawyer
77% Informative
Creditors approve proposed $ 32.5B deal with tobacco giants today : lawyer.
The proposed deal includes $24 billion for provinces and territories, $4 billion for Quebec smokers and their heirs.
It also includes more than $1 billion for a foundation to help those affected by tobacco-related diseases.
Before the plan can be implemented, it must obtain the approval of the court.
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