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Couche-Tard drops $47 bil. bid to buy Seven-Eleven parent company

Couche-Tard drops $47 bil. bid to buy Seven-Eleven parent company

Photo taken on Nov. 21, 2024, shows the headquarters of Canadian retailer Alimentation Couche-Tard Inc. near Montreal. The retailer said on July 16, 2025, that it has withdrawn its $47 billion buyout proposal for Japanese rival Seven & i Holdings Co., the operator of the Seven-Eleven convenience store chain, following a year of talks.

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Couche-Tard drops $47 bil. bid to buy Seven-Eleven parent company

Couche-Tard drops $47 bil. bid to buy Seven-Eleven parent company

Photo taken on July 17, 2025, shows a Seven-Eleven convenience store in Tokyo's Shinjuku Ward. Canadian retailer Alimentation Couche-Tard Inc. said on July 16 that it has withdrawn its $47 billion buyout proposal for Japanese rival Seven & i Holdings Co., the operator of the convenience store chain, following a year of talks.

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Couche-Tard drops $47 bil. bid to buy Seven-Eleven parent company

Couche-Tard drops $47 bil. bid to buy Seven-Eleven parent company

Photo taken on Nov. 21, 2024, shows a convenience store operated by Canadian retailer Alimentation Couche-Tard Inc. in Montreal. The retailer said on July 16, 2025, that it has withdrawn its $47 billion buyout proposal for Japanese rival Seven & i Holdings Co., the operator of the Seven-Eleven convenience store chain, following a year of talks.

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Couche-Tard drops bid to buy Seven-Eleven parent company

Couche-Tard drops bid to buy Seven-Eleven parent company

Combined file photo shows the logos of Seven & i Holdings Co. (L) and Alimentation Couche-Tard Inc. Canadian retailer Alimentation Couche-Tard withdrew its $47 billion buyout proposal for Japanese rival Seven & i Holdings, ending nearly a year of talks.

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Alimentation Couche-Tard execs in Tokyo

TOKYO, Japan, March 13 Kyodo - Alimentation Couche-Tard Inc. founder and Chairman Alain Bouchard and President and CEO Alex Miller attend a press conference in Tokyo on March 13, 2025. The executives of the Canadian company, the operator of Circle K convenience stores, are in talks with Japanese rival Seven & i Holdings Co., the operator of 7-Eleven convenience stores, over a takeover proposal. (Kyodo)

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[Breaking News]Alimentation Couche-Tard execs in Tokyo

TOKYO, Japan, March 13 Kyodo - Alimentation Couche-Tard Inc. founder and Chairman Alain Bouchard speaks at a press conference in Tokyo on March 13, 2025. Bouchard and other executives of the Canadian company, the operator of Circle K convenience stores, is in talks with its Japanese rival Seven & i Holdings Co., the operator of 7-Eleven convenience stores, over its takeover proposal. (Kyodo)

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Alimentation Couche-Tard execs in Tokyo

Alimentation Couche-Tard execs in Tokyo

Alimentation Couche-Tard Inc. founder and Chairman Alain Bouchard (L) and President and CEO Alex Miller attend a press conference in Tokyo on March 13, 2025. The executives of the Canadian company, the operator of Circle K convenience stores, are in talks with Japanese rival Seven & i Holdings Co., the operator of 7-Eleven convenience stores, over a takeover proposal.

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Alimentation Couche-Tard execs in Tokyo

Alimentation Couche-Tard execs in Tokyo

Alimentation Couche-Tard Inc. President and CEO Alex Miller speaks at a press conference in Tokyo on March 13, 2025. Miller and other executives of the Canadian company, the operator of Circle K convenience stores, is in talks with its Japanese rival Seven & i Holdings Co., the operator of 7-Eleven convenience stores, over its takeover proposal.

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Alimentation Couche-Tard execs in Tokyo

Alimentation Couche-Tard execs in Tokyo

Alimentation Couche-Tard Inc. founder and Chairman Alain Bouchard speaks at a press conference in Tokyo on March 13, 2025. Bouchard and other executives of the Canadian company, the operator of Circle K convenience stores, is in talks with its Japanese rival Seven & i Holdings Co., the operator of 7-Eleven convenience stores, over its takeover proposal.

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Alimentation Couche-Tard execs in Tokyo

Alimentation Couche-Tard execs in Tokyo

Alimentation Couche-Tard Inc. founder and Chairman Alain Bouchard speaks at a press conference in Tokyo on March 13, 2025. Bouchard and other executives of the Canadian company, the operator of Circle K convenience stores, is in talks with its Japanese rival Seven & i Holdings Co., the operator of 7-Eleven convenience stores, over its takeover proposal.

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Alimentation Couche-Tard execs in Tokyo

Alimentation Couche-Tard execs in Tokyo

Alimentation Couche-Tard Inc. founder and Chairman Alain Bouchard speaks at a press conference in Tokyo on March 13, 2025. Bouchard and other executives of the Canadian company, the operator of Circle K convenience stores, is in talks with its Japanese rival Seven & i Holdings Co., the operator of 7-Eleven convenience stores, over its takeover proposal.

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Seven-Eleven convenience store outlet

Seven-Eleven convenience store outlet

Photo taken on Nov. 26, 2024, shows a Seven-Eleven convenience store outlet in New York operated by Japan's Seven & i Holdings Co. Canada's Alimentation Couche-Tard Inc., the operator of the Circle K convenience stores, has made a takeover bid for its Japanese rival.

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Fierce battle between major Japanese underground syndicates

Fierce battle between major Japanese underground syndicates

KOBE, Japan, April 25 Kyodo - A bullet hole (arrow mark) is seen on the front window of a vehicle ridden by members of the Ichiwa-kai underground gangster syndicate in Kobe, Hyogo Prefecture, on April 14, 1985. A shooter belonging to Ichiwa-kai's rival, Yamaguchi-gumi, opened fire at the vehicle when it was parked at a crossing in the western Japan city earlier in the day.

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Fierce battle between major Japanese underground syndicates

Fierce battle between major Japanese underground syndicates

YAWATA, Japan, April 25 Kyodo - Police investigators search a residence of the leader of a group affiliated with the Ichiwa-kai underground gangster syndicate in Yawata, Kyoto Prefecture, on April 14, 1985, following a shooting incident blamed on Ichiwa-kai's rival, Yamaguchi-gumi, that left two affiliate group members injured.

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Canon unveils new lineup of digital cameras

Canon unveils new lineup of digital cameras

TOKYO, Japan - Japanese actor Ken Watanabe shows off a new Canon Inc. single-lens reflex camera model at a press conference in Tokyo on Aug. 20. The company unveiled a new lineup of digital cameras including the EOS 40D single-lens reflex camera model targeted at advanced amateur photographers, amid intensifying competition with its main rival Nikon Corp.

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Kishida explains Japan's view of S. China Sea disputes to Laos

Kishida explains Japan's view of S. China Sea disputes to Laos

VIENTIANE, Laos, July 24 Kyodo - Japanese Foreign Minister Fumio Kishida (L) meets with his Laotian counterpart Saleumxay Kommasith in Vientiane on July 24, 2016, on the sidelines of a series of regional meetings. Kishida conveyed Japan's stance and view of South China Sea disputes, calling for a peaceful resolution to rival territorial disputes in the area in compliance with international law.

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Idemitsu founding family, management at odds over merger with rival

Idemitsu founding family, management at odds over merger with rival

TOKYO, Japan, July 11 Kyodo - Takujiro Hamada, representing the founding family of Japanese oil distributor Idemitsu Kosan Co., speaks at a press conference in Tokyo on July 11, 2016, after talks with the company's management. The two sides remained at odds over Idemitsu's merger with rival Showa Shell Sekiyu K.K.

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Anti-A-bomb bodies start world confabs in Hiroshima

Anti-A-bomb bodies start world confabs in Hiroshima

HIROSHIMA, Japan - The Japan Congress Against A- and H-Bombs starts a three-day world meeting in Hiroshima on Aug. 4, 2014. Its rival group supported by the Japanese Communist Party, the Japan Council against Atomic and Hydrogen Bombs, separately held a similar gathering in the western Japan city on the same day.

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Kagawa of Manchester United tackled in game against Roma

Kagawa of Manchester United tackled in game against Roma

DENVER, United States - Japanese midfielder Shinji Kagawa (R) of Manchester United is tackled by AS Roma midfielder Radja Nainggolan during an International Champions Cup match before the English club's 3-2 win over the Italian rival in Denver in the U.S. state of Colorado on July 26, 2014.

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Kagawa of Manchester United carries ball against Roma

Kagawa of Manchester United carries ball against Roma

DENVER, United States - Japanese midfielder Shinji Kagawa (L) of Manchester United dribbles the ball as AS Roma midfielders Radja Nainggolan (C) and Salih Ucan chase him during an International Champions Cup match before the English club's 3-2 win over the Italian rival in Denver in the U.S. state of Colorado on July 26, 2014.

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Honda acknowledges fans after Milan victory against Genoa

Honda acknowledges fans after Milan victory against Genoa

GENOA, Italy - Japanese footballer Keisuke Honda (C) of AC Milan acknowledges supporters after Milan's 2-1 victory against Serie A rival Genoa on April 7, 2014, in Genoa, Italy. Honda scored his first goal in a Serie A match.

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Japan's Hanyu, Russia's Plushenko in practice

Japan's Hanyu, Russia's Plushenko in practice

SOCHI, Russia - Japanese figure skater Yuzuru Hanyu and his Russian rival Evgeni Plushenko skate in an official practice session for the Sochi Olympic Games in Russia on Feb. 5, 2014.

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Japan premier back home

Japan premier back home

TOKYO, Japan - Japanese Prime Minister Shinzo Abe arrives at Tokyo's Haneda airport on Sept. 9, 2013, as he returned from Buenos Aires, Argentina, where he took part in the capital's presentation on its bid to host the 2020 Summer Olympics. Tokyo was selected the host city, beating rival candidates Istanbul and Madrid.

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Hot dog eating contest

Hot dog eating contest

NEW YORK, United States - Takeru Kobayashi (far R), the Japanese former champion of New York's famous July 4 Independence Day hot dog eating contest, eats hot dogs in a rival contest organized by himself in Manhattan, New York, on July 4, 2013. Kobayashi won the annual Nathan's International Hot Dog Eating Contest held in Coney Island in New York for six years in a row since 2001, but has not participated in the competition since 2010 due to a contract dispute with the organizer and has organized a similar contest on his own.

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Hot dog eating contest

Hot dog eating contest

NEW YORK, United States - Takeru Kobayashi, the Japanese former champion of New York's famous July 4 Independence Day hot dog eating contest, wins a rival contest organized by himself in Manhattan, New York, on July 4, 2013. Kobayashi won the annual Nathan's International Hot Dog Eating Contest held in Coney Island in New York for six years in a row since 2001, but has not participated in the competition since 2010 due to a contract dispute with the organizer and has organized a similar contest on his own.

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Sato reelected as Fukushima governor

Sato reelected as Fukushima governor

FUKUSHIMA, Japan - Fukushima Gov. Yuhei Sato (C) celebrates his reelection on Oct. 31, 2010, in Fukushima, northeastern Japan. Sato won with support from the ruling Democratic Party of Japan and three opposition parties, beating his sole rival, a contender from the Japanese Communist Party.

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Rival doughnut makers to open outlets in Osaka

Rival doughnut makers to open outlets in Osaka

OSAKA, Japan - Krispy Kreme Doughnuts Inc. of the United States, a rival doughnut maker of the Japanese operator of doughnut chain Mister Donut, gives a preview of its outlet at Shinsaibashi, Osaka, its first outlet in the Kansai region, on April 27, 2010, ahead of its official opening on April 29.

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Panasonic begins selling 3-D TVs in U.S.

Panasonic begins selling 3-D TVs in U.S.

NEW YORK, United States - Customers view a display model of Panasonic Corp.'s VIERA VT20 50-inch, 3-D plasma television at a New York outlet of U.S. retailer Best Buy Co. on March 10, 2010. The Japanese home appliance maker began selling its first 3-D televisions in the United States a day after South Korean rival Samsung Electronics Co. announced its line of 3-D TVs.

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Panasonic to challenge Samsung in energy, 3-D TVs

Panasonic to challenge Samsung in energy, 3-D TVs

OSAKA, Japan - Panasonic Corp. President Fumio Otsubo speaks at a news conference in Osaka on Jan. 8, 2010. The Japanese electronic giant said it aims to use its merger with Sanyo Electric Co. to accelerate expansion in energy and green products as well as its new 3-D television business to take on South Korean rival Samsung Electronics Co.

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Taiwan's DPP presidential hopeful outlines China, Japan policies

Taiwan's DPP presidential hopeful outlines China, Japan policies

TAIPEI, Taiwan - Taiwan's ruling party presidential candidate Frank Hsieh said Dec. 11 he would seek cross-strait peace and dialogue with rival China, if elected, but would ''never abandon'' Taiwan's de facto independence. Hsieh made the comments while speaking to members of the Japanese press in Taipei ahead of his visit to Japan next week.

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Japan Tobacco to buy British rival Gallaher for 2.25 tril. yen

Japan Tobacco to buy British rival Gallaher for 2.25 tril. yen

TOKYO, Japan - Japan Tobacco Inc. President Hiroshi Kimura tells a press conference at a Tokyo hotel on Dec. 15 the world's No. 3 tobacco company has reached a basic agreement to buy smaller rival Gallaher Group Plc of Britain for 2.25 trillion yen (about $19.08 billion). Iit would be the largest-ever corporate acquisition by a Japanese firm.

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Japan Tobacco to buy British rival Gallaher for 2.25 tril. yen

Japan Tobacco to buy British rival Gallaher for 2.25 tril. yen

TOKYO, Japan - Photo shows the Tokyo head office of Japan Tobacco Inc., the world's No.3 in the industry, which announced on Dec. 15 a basic agreement to buy its smaller rival Gallaher Group Plc of Britain for 2.25 trillion yen (about $19.08 billion), the largest-ever corporate acquisition by a Japanese firm.

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Japan holds off S. Korea to book 2nd-round berth

Japan holds off S. Korea to book 2nd-round berth

TOKYO, Japan - Members of the Japanese volleyball team celebrate after beating South Korea in a first-round match at the women's volleyball world championship in Tokyo on Nov. 4. Japan defeated arch-rival S. Korea 3-1 to notch its third straight win and secure a spot in the second round of the championship.

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Japan takes silver in World Cup team event

Japan takes silver in World Cup team event

YOKOHAMA, Japan - Japanese synchronized swimmers smile as they outscored rival Spain to win the silver medal in the team free routine at the synchronized swimming World Cup in Yokohama on Sept. 17.

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Japan takes silver in World Cup team event

Japan takes silver in World Cup team event

YOKOHAMA, Japan - Japanese synchronized swimmers perform Sept. 17 in the team free routine at the synchronized swimming World Cup in Yokohama. Japan outscored rival Spain to preserve its standing as No. 2 in the world with a silver-medal finish.

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Oji Paper says takeover bid for Hokuetsu 'likely to fail'

Oji Paper says takeover bid for Hokuetsu 'likely to fail'

TOKYO, Japan - Oji Paper Co. President Kazuhisa Shinoda speaks at a press conference in Tokyo on Aug. 29. He said that his company's ongoing takeover bid for Hokuetsu Paper Mills Ltd. ''is likely to fail,'' effectively ending the bid by the largest Japanese papermaker to merge with its smaller rival.

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Asada 2nd after short program at world juniors

Asada 2nd after short program at world juniors

LJUBLJANA, Slovenia - Japanese figure skater Mao Asada placed second after a short program performance on March 7 at the world junior figure skating championships in Slovenia. Asian rival Kim Yu Na of South Korea took the lead.

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Japan's Asada wins 1st senior title

Japan's Asada wins 1st senior title

PARIS, France - Japanese teenager Mao Asada performs during the Ladies Free Skating Program at the Eric Bompard Figure Skating Trophy at Bercy Stadium in Paris on Nov. 19. Asada won her first figure skating title with a total of 182.42 points, followed by her American rival Sasha Cohen with 175.12 points. The bronze went to Shizuka Arakawa of Japan with 173.30 points.

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(1)Tsukada wins 1st over 78-kg title at Fukuoka Int'l judo meet

(1)Tsukada wins 1st over 78-kg title at Fukuoka Int'l judo meet

FUKUOKA, Japan - Athens Olympics gold medalist Maki Tsukada (R) defeated Japanese rival Midori Shintani (L) in the final to win her first title in the over 78-kilogram weight division at the Fukuoka International Women's Judo Championships on Dec. 11.

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Okamoto's Olympic appearance still up in air

Okamoto's Olympic appearance still up in air

KYOTO, Japan - Japanese taekwondo fighter Yoriko Okamoto smiles during an interview at a Kyoto hotel on April 1. The Japanese Olympic Committee (JOC) responded negatively earlier in the day to sending Okamoto to the Athens Olympics after rival domestic bodies administering the sport failed to form an umbrella organization by the deadline.

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Ogata urges cease-fire to warlords in northern Afghanistan

Ogata urges cease-fire to warlords in northern Afghanistan

MAZAR-E-SHARIF, Afghanistan - Japanese envoy Sadako Ogata (R) meets with the leaders of warring factions in northern Afghanistan, including the ethnic Uzbek warlord Abdul Rashid Dostam and his Tajik rival Atta Mohammad -- and other Afghan officials in Mazar-e-Sharif on July 7 and urged them to stop fighting each other. Ogata said she told the warlords that Japan cannot provide financial help to rebuild Afghanistan unless there is security in the country.

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(1)Tsukada wins 1st over 78-kg title at Fukuoka Int'l judo meet

(1)Tsukada wins 1st over 78-kg title at Fukuoka Int'l judo meet

FUKUOKA, Japan - Athens Olympics gold medalist Maki Tsukada (R) defeated Japanese rival Midori Shintani (L) in the final to win her first title in the over 78-kilogram weight division at the Fukuoka International Women's Judo Championships on Dec. 11. (Kyodo)

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Japan's Asada wins 1st senior title

Japan's Asada wins 1st senior title

PARIS, France - Japanese teenager Mao Asada performs during the Ladies Free Skating Program at the Eric Bompard Figure Skating Trophy at Bercy Stadium in Paris on Nov. 19. Asada won her first figure skating title with a total of 182.42 points, followed by her American rival Sasha Cohen with 175.12 points. The bronze went to Shizuka Arakawa of Japan with 173.30 points. (Kyodo)

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Asada 2nd after short program at world juniors

Asada 2nd after short program at world juniors

LJUBLJANA, Slovenia - Japanese figure skater Mao Asada placed second after a short program performance on March 7 at the world junior figure skating championships in Slovenia. Asian rival Kim Yu Na of South Korea took the lead. (Kyodo)

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Oji Paper says takeover bid for Hokuetsu 'likely to fail'

Oji Paper says takeover bid for Hokuetsu 'likely to fail'

TOKYO, Japan - Oji Paper Co. President Kazuhisa Shinoda speaks at a press conference in Tokyo on Aug. 29. He said that his company's ongoing takeover bid for Hokuetsu Paper Mills Ltd. ''is likely to fail,'' effectively ending the bid by the largest Japanese papermaker to merge with its smaller rival. (Kyodo)

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Japan takes silver in World Cup team event

Japan takes silver in World Cup team event

YOKOHAMA, Japan - Japanese synchronized swimmers smile as they outscored rival Spain to win the silver medal in the team free routine at the synchronized swimming World Cup in Yokohama on Sept. 17. (Kyodo)

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Japan takes silver in World Cup team event

Japan takes silver in World Cup team event

YOKOHAMA, Japan - Japanese synchronized swimmers perform Sept. 17 in the team free routine at the synchronized swimming World Cup in Yokohama. Japan outscored rival Spain to preserve its standing as No. 2 in the world with a silver-medal finish. (Kyodo)

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Japan holds off S. Korea to book 2nd-round berth

Japan holds off S. Korea to book 2nd-round berth

TOKYO, Japan - Members of the Japanese volleyball team celebrate after beating South Korea in a first-round match at the women's volleyball world championship in Tokyo on Nov. 4. Japan defeated arch-rival S. Korea 3-1 to notch its third straight win and secure a spot in the second round of the championship. (Kyodo)

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Japan Tobacco to buy British rival Gallaher for 2.25 tril. yen

Japan Tobacco to buy British rival Gallaher for 2.25 tril. yen

TOKYO, Japan - Japan Tobacco Inc. President Hiroshi Kimura tells a press conference at a Tokyo hotel on Dec. 15 the world's No. 3 tobacco company has reached a basic agreement to buy smaller rival Gallaher Group Plc of Britain for 2.25 trillion yen (about $19.08 billion). Iit would be the largest-ever corporate acquisition by a Japanese firm. (Kyodo)

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Japan Tobacco to buy British rival Gallaher for 2.25 tril. yen

Japan Tobacco to buy British rival Gallaher for 2.25 tril. yen

TOKYO, Japan - Photo shows the Tokyo head office of Japan Tobacco Inc., the world's No.3 in the industry, which announced on Dec. 15 a basic agreement to buy its smaller rival Gallaher Group Plc of Britain for 2.25 trillion yen (about $19.08 billion), the largest-ever corporate acquisition by a Japanese firm. (Kyodo)

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