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Japan Tobacco Inc (2914.T)

2914.T on Tokyo Stock Exchange

3,621JPY
16 Jan 2018
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Thu, Dec 21 2017

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

* 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

BRIEF-Japan Tobacco: To Own Over 70 Percent Of Ethiopia's National Tobacco Enterprise Share Company

* TO ACQUIRE ADDITIONAL 30 PERCENT STAKE IN ETHIOPIA'S NATIONAL TOBACCO ENTERPRISE SHARE COMPANY FOR 434 MILLION DOLLARS FROM ETHIOPIAN GOVERNMENT

BRIEF-Japan Tobacco: Group's maximum credit exposure to Palmer & Harvey is 148 million pounds

* GROUP'S MAXIMUM CREDIT EXPOSURE TO PALMER & HARVEY IS 148 MILLION POUNDS

BRIEF-Japan Tobacco has contingency plans around Palmer & Harvey

* JAPAN TOBACCO INTERNATIONAL SAYS HAS "WORKED CONTINUOUSLY" TO FACILITATE A CONSTRUCTIVE SOLUTION TO PALMER & HARVEY'S CHALLENGES INCLUDING EXTENDING SIGNIFICANT FINANCIAL AND OPERATIONAL SUPPORT

Japan Tobacco's new CEO lights up Imperial with M&A talk

TOKYO/LONDON Japan Tobacco Inc sparked takeover speculation on Tuesday by naming a new chief executive who wants the world's third-largest international tobacco maker to do more overseas acquisitions to offset falling cigarette sales at home.

Japan Tobacco's new CEO lights up Imperial with M&A talk

TOKYO/LONDON Japan Tobacco Inc sparked takeover speculation on Tuesday by naming a new chief executive who wants the world's third-largest international tobacco maker to do more overseas acquisitions to offset falling cigarette sales at home.

UPDATE 1-Japan Tobacco's new CEO lights up Imperial with M&A talk

* Imperial Brands up as much as 4 pct on deal talk (Adds context, bullet points; Changes headline)

Japan Tobacco to actively pursue M&A opportunities -CEO designate

TOKYO, Nov 21 Japan Tobacco Inc will seek acquisition opportunities overseas, said Masamichi Terabatake who is slated to become its CEO in January, to secure growth as the rise of vaping rivals snuffs out the company's cigarette sales at home.

Vaping rivals, quitters cloud Japan Tobacco's cigarette sales

TOKYO Japan Tobacco Inc said it expected a steeper decline in cigarette sales at home than previously estimated, after earlier reporting disappointing results, as more smokers quit or defect to "heat-not-burn" tobacco products.

UPDATE 2-Vaping rivals, quitters cloud Japan Tobacco's cigarette sales

* Local cigarette sales volume down 11.8 pct y/y over Jan-Sept

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