Tobacco company Vector Group has agreed to be acquired by Japan-based tobacco giant JT Group in a deal worth $2.4 billion. The move represents a significant expansion for JT Group in the U.S. As part ...

TOKYO--(BUSINESS WIRE)--Japan Tobacco Inc. (JT) (TSE: 2914) announces that the JT Group completed the acquisition of Vector Group Ltd. (VGR) on October 7, 2024, following a tender offer, initially ...

JT Group acquired all outstanding shares of Vector Group common stock for $15 per share in cash. The tender offer was subject to approval under U.S. and Serbian antitrust laws, the tender of more than ...

Andrew Kessel was a breaking news writer for Investopedia until October 2025. He previously covered markets for Proactive Investors, with a focus on small-cap stocks in fintech, healthcare, mining, ...

TOKYO, Oct. 27, 2022 /PRNewswire/ -- Japan Tobacco (JAPAF) (JT) (TSE: 2914) announced today that the JT Group, through its subsidiary JTI, has entered into a joint venture (JV) with Altria Group ...

TOKYO--(BUSINESS WIRE)--Japan Tobacco Inc. (JT) (TSE: 2914) has been recognized for its leadership in corporate sustainability by the global environmental non-profit organization CDP 1, for a fifth ...

(RTTNews) - JT Group (JAPAF.PK, JAPAY.PK) reported that its first half profit increased by 6.3% to 305.2 billion yen. Adjusted operating profit at constant FX increased by 2.7% to 454.8 billion yen.

JT Group has approximately 53,000 employees and 62 factories worldwide, operating in three business segments: tobacco, pharmaceutical, and processed food. Within the tobacco business, the largest ...