Japan Tobacco to buy RJR Nabisco's int'l tobacco unit

Masaru Mizuno, president of Japan Tobacco Inc. (JT), speaks to reporters in Tokyo on March 9 to announce the company has agreed to buy the international tobacco business of RJR Nabisco Holdings Corp. for 7.83 billion dollars to become the world's third-largest tobacco company. Mizuno said, ''The deal will enable us to acquire many international business bases in a single stroke and face the competition as a world-class player.''

  • Product Code
  • ILEA000001277
  • Registered date
  • 1999/3/09 15:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • Media size
  • 1225 × 1471 pixel
  • Resolution
  • 72 dpi
  • Deployment size
  • 398.73(KB)*
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