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PRESS RELEASE 03 NOVEMBER 2020 BAT strengthens its US New Category portfolio: Announces acquisition of Dryft Modern Oral business This acquisition is a further step in BATs societal commitment to accelerate its transformation journey to build A Better Tomorrow This expands BATs US portfolio in Modern Oral nicotine, a fast-growing category in the US The products will be sold under BATs global Modern Oral nicotine brand, VELO, creating further brand synergies This acquisition has no impact on BATs commitment to previously stated deleverage targets British American Tobacco p.l.c

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Some analysts have speculated whether its investment in Juul changes Altria's relationship with Philip Morris International, the company it spun off in 2008

This undermines public health efforts and funds organized crime