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Headlines Tagged with Japan Tobacco 1,918 headlines found

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[UK] Takeover bid from Japan Tobacco on Imperial Tobacco extremely unlikely, Citi says

The chief reason is that Japanese laws require the government to maintain a one-third stake in JT. To circumvent antgi-trust legislation JT might buy 60% of Imperial, but that would push its leverage, in terms of net debt to EBITDA to near 5%, far exceed
Digital Look (uk)
added Apr 28, 2017 22:48
14 Views

[UK] Imperial Brands falls as takeover speculation eases

was a faller on Friday after Citigroup bet against the longstanding speculation of a bid from Japan Tobacco ever becoming reality. Citi saw a deal as “extremely unlikely”, because the Japanese state is legally required to maintain a one-third stake in Ja
Financial Times (uk)
added Apr 28, 2017 21:15
4 Views

[UK-Northern Ireland] JTI tobacco factory closure delayed for five months

The remaining staff at the JTI tobacco factory in County Antrim are to get an extra five months of work as the closure of the plant has been delayed. The final 60 staff were due to leave the Ballymena factory in May but will now be kept on until October,
BBC Online
added Apr 26, 2017 12:47
8 Views

[Asia-pacific, Japan] The poverty of politics and tobacco policy

does it make any sense for the government to be involved in the business of selling tobacco despite its health risks? Meanwhile, does it serve the interests of Japan Tobacco shareholders to bind the company with special laws as it engages in competition
Japan Times (jp)
added Apr 23, 2017 13:26
7 Views

Japanese Domestic Cigarette Sales Results for March 2017

Japan Tobacco International (JTI) (jp)
added Apr 17, 2017 17:55
2 Views

[North Carolina] BAT's $49.4B deal for Reynolds gains Japanese anti-trust approval

It is the second of two governmental anti-trust approvals required for the $49.4 billion deal. The Japanese regulatory approval was necessary as it relates to Reynolds’ $5 billion sale in January 2016 of the international rights to Natural American Spir
Winston-Salem (NC) Journal
added Apr 6, 2017 20:53
16 Views

[Japan] The Next C-store Tobacco Competitor: Manufacturers?

Japan as an area retailers should be watching. Japan Tobacco International (JTI) and Philip Morris International (PMI) are both opening standalone stores there as they introduce their new heat-not-burn products, which have been growing significantly — esp
Convenience Store News
added Apr 2, 2017 01:56
19 Views

[UK] Tobacco giants close to rescue deal for troubled Palmer and Harvey

are nearing a deal to shore up the finances of Palmer and Harvey (P&H), the cash-and-carry group that is a crucial part of Tesco's UK supply chain. Sky News has learnt that Imperial Brands and Japan Tobacco International (JTI), which between them own br
Sky News (uk)
added Apr 1, 2017 16:58
7 Views

[Asia-pacific] Japan Tobacco still addicted to crumbling cigarette strategy

While Japan Tobacco's flagship cigarette business is struggling, its once-moribund pharmaceutical segment is realizing new success. But drugs only account for 3% of group profits, and there is apparently little momentum to enlarge that proportion.
Nikkei Inc. (jp)
added Mar 31, 2017 23:09
12 Views

Japan Tobacco’s Challenges Build Case for a Return to Dealmaking

The Tokyo-based company’s domestic market is shrinking as hundreds of thousands of smokers switch to Philip Morris’s cigarette alternative iQOS. The introduction of plain packaging in the U.K. and record cigarette tax hikes in Russia are weighing on grow
Bloomberg News
added Mar 29, 2017 10:44
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