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

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.''

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