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JT to Acquire Brazilian Leaf Tobacco Suppliers 

Jump to full article: Kyodo News Service (jp), 2009-07-22
Author: Kyodo News International, Tokyo

Intro:

Japan Tobacco Inc. said Wednesday it will acquire all outstanding shares in Brazilian leaf tobacco suppliers Kannenberg & Cia. Ltda. and Kannenberg, Barker, Hail & Cotton Tabacos Ltda.

The acquisitions, due to be completed in October, are part of JT's efforts to secure stable sources in three of the world's major leaf tobacco suppliers -- Africa, the United States and Brazil, the company said.

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