By  on January 24, 2012

LONDON — Johann Rupert, executive chairman and chief executive officer of Compagnie Financière Richemont, parent of brands including Cartier, IWC and Dunhill, wants to hang onto his highly lucrative stake in British American Tobacco.

Reinet Investments — a financial company founded and chaired by Rupert and quoted on the Luxembourg Stock Exchange — issued a statement Tuesday proposing to retain its 4.3 percent stake in BAT, contrary to an original plan.

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