Japan Tobacco aims for Gallaher

18-Dec-2006

Japan Tobacco is in preliminary talks with Gallaher with a view to acquiring the UK-based supplier of Silk Cut cigarettes

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Japan Tobacco, which owns cigarette brands Mild Seven and, outside the US, Camel, Winston and Salem, is believed to be looking for an international acquisition to counter falling tobacco sales........

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(15-Jan-2007) - Japan Tobacco International (JTI) is poised to acquire UK rival cigarette manufacturer Gallaher after placing an offer valuing the company at £7.5bn ($14.5bn)
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