Korea M&A Corporation

TOKYO (AP) — Japan Tobacco and Nissin Food Products are buying scandal-ridden Katokichi in a deal worth nearly $1 billion that will create Japan's biggest frozen food maker, the companies said Thursday. Japan Tobacco Inc., the world's third-largest tobacco company by sales volume, is hoping to branch out into other sources of revenue — such as food and pharmaceuticals — as the number of smokers ..

By Scott B MacDonald Late last month, Japan Tobacco announced that it was buying its British rival, Gallaher Group Plc, for about US$15 billion. This is big news for two reasons: the proposed deal is the largest-ever foreign acquisition undertaken by a Japanese company, and it marks a new assertiveness by a part of the international business community that has long been in retreat, Japanese corp..

Japan Tobacco to acquire Gallaher for about $14.7bn Saturday, December 16, 2006 6:41:57 AM ET newratings.com LONDON, December 16 (newratings.com) - Japan Tobacco Inc (JAT.BER), the world’s third-largest cigarette maker, Friday announced that it had agreed to acquire Gallaher Group Plc for nearly $14.7 billion in the largest international acquisition by a Japanese company. The Tokyo-based company..