British American Tobacco is well placed for the RRP ‘arms race’
British American Tobacco (LON:BATS) has enjoyed a very successful decade. Its shares have risen by 225%. That’s 11x the capital gain of the FTSE 100, and 3.4x the return on its only UK-listed rival, Imperial Brands. However, I think British American Tobacco will in future enjoy an even more successful decade because it is acquiring…