December 21, 2017 / 8:53 AM / a year ago

BRIEF-JAPAN TOBACCO in deal to buy 30.95 pct stake in Ethiopia-based tobacco firm

Dec 21 (Reuters) - JAPAN TOBACCO INC :

* Says it is in deal to acquire 30.95 percent stake in an Ethiopia-based tobacco firm National Tobacco Enterprise Share Company (NET), for $434.1 million, on Dec. 21

* Co will raise stake in NET to 70.95 percent up from 40 percent currently

Source text in Japanese: goo.gl/gvLrYJ

Further company coverage: (Beijing Headline News)

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