Following the announcement January 15, 2010 that Swedish Match and Scandinavian Tobacco Group (STG) intend to form a new company with a core focus on cigars; Swedish Match today announces that the transaction agreement has been signed by the parties. Swedish Match will contribute its entire cigar business with the exception of US mass market cigars, and will contribute its remaining pipe tobacco and accessories businesses. STG will transfer all of its tobacco businesses (cigars, pipe tobacco and fine cut tobacco) into the new company. The new company will also include distribution of lighters and matches supplied by Swedish Match in relevant markets. Closing of the transaction, which is
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