Imperial's premium cigar era draws to a close in $1.33 billion sale

(Reuters) - Imperial Brands is withdrawing from the premium cigar business to focus on vaping, with a 1.23 billion euro (1.07 billion pounds) sale of hand-rolled makes including Cohiba and Montecristo which will help it pay down debt.The sale to private buyers includes Imperial's 50% stake in Cuba's official exporter Habanos, a unit of state-owned tobacco company Cubatabaco, which gives it rights to sell prestige brands Cohiba, Montecristo and Romeo y Julieta in 150 countries.Imperial will..