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BRIEF-Japan Tobacco to acquire PT. Karyadibya and PT. Surya Mustika Nusantara
August 4, 2017 / 8:17 AM / 3 months ago

BRIEF-Japan Tobacco to acquire PT. Karyadibya and PT. Surya Mustika Nusantara

Aug 4 (Reuters) - Japan Tobacco Inc

* Says it plans to fully acquire Indonesia-based Kretek tobacco firm PT. Karyadibya and PT. Surya Mustika Nusantara within the fourth quarter of the fiscal year ended December, 2017

* Says acquisition price of two firms’ all outstanding shares is $677 million and net debt-to-equity is $323 million

Source text in Japanese: goo.gl/9VqT7Q

Further company coverage: (Beijing Headline News)

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