Monday 19 October 2015

Japan Tobacco buys Iranian cigarette maker to boost dominance - FT.com

Japan Tobacco buys Iranian cigarette maker to boost dominance - FT.com:

"Japan Tobacco International has bought an Iranian cigarette maker in an attempt to reinforce its position as the market leader in a country which hopes to open up to western companies once international sanctions over its nuclear programme are removed.
The company said JTI Pars, its Iranian subsidiary, had recently acquired the privately owned Arian Tobacco Industry (ATI) for an undisclosed amount."



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