Transaction for Natural American Spirit is overpriced, say analysts
TOKYO: Japan Tobacco Inc (JT) fell to the lowest in six months after agreeing to pay about US$5bil for the international rights to Reynolds American Inc’s Natural American Spirit division.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!