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Shares of Souza Cruz jump on possible British American offer

SAO PAULO, Feb 23 (Reuters) - Shares (Frankfurt: DI6.F - news) of Souza Cruz SA jumped in early Monday trading after controlling shareholder British American Tobacco (LSE: BATS.L - news) said it was considering an offer for the 24.7 percent stake in Brazil's biggest cigarette company it does not own.

Souza Cruz shares were up 11 percent at 26.25 reais on the Sao Paulo stock exchange at 10:19 a.m. local time (1319 GMT). BAT said it was weighing a public tender offer at a price of 26.75 reais per share. (Reporting by Brad Haynes; Editing by Bernadette Baum)