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Japan Tobacco Corporation's acquisition of Vector Group (VGR.US) for $2.4 billion, bullish on by Daiwa.
This acquisition is considered to be in line with Japan Tobacco Company's tobacco business global strategy. The acquisition is expected to add a continuously growing and historically profitable business, and is expected to increase the company's ROI in combustible tobacco.
Japan Tobacco Lights up the Tobacco Sector by Acquiring Vector Group in U.S. Push
Vector Group's Stock up 8% on News to Be Acquired by Japan's JT Group in $2.4 Billion Tobacco Deal
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Correction to Vector Group Article
Vector acquired a $2.4 billion investment from the Japan Tobacco Group for acquisition, opening up more than 10%.
Japan Tobacco Group will acquire US cigarette manufacturer Vector for 2.4 billion dollars.
Express News | Vector Group Shares Are Trading Higher After the Company Announced It Entered Into a Definitive Agreement to Be Acquired by JT Group
Vector Group's Stock up 6% on Deal to Be Acquired by Japan's JT Group in $2.4 Billion Tobacco Deal
Vector Group to Be Acquired by JT Group for $2.4 Billion
Express News | Vector Group Shares up 5.8% at $14.8 Premarket After Jt Group to Acquire Co for $15/ Share
Express News | Vector Group to Be Acquired by Jt Group for $15.00 per Share or About $2.4 Bln
Vector Group: Deal Represents 29.9% Premium Over 60-Day Volume-Weighted Avg Share Price, or About $2.4B of Total Equity Value >VGR
Express News | Japan Tobacco Inc - to Launch Tender Offer for Vector Group Shares at $15.00 per Share
Express News | Japan Tobacco Inc - Jt Group to Acquire Vector Group for Around USD 2.4 Billion (Approximately 378 Billion Yen)