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Tag: "jti"

De Labouchere’s JTI departure unsung

December 24, 2013 | Comments (0)

Pierre de Labouchere last week resigned with immediate effect as president and CEO of Japan Tobacco International, according to a story by Mark Kleinman for Sky News. Kleinman quoted a statement issued on Friday by a JTI spokesman as saying that de Labouchere had decided to resign as of December 18. The statement said that […]

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PMI and JTI acquire stakes in Russian distribution firm

December 4, 2013 | Comments (0)

Philip Morris International and Japan Tobacco International are acquiring equity stakes of 20 percent each in Megapolis Distribution, the holding company of CJSC TK Megapolis, a major distributor in Russia. The companies are paying $750 million each for their stakes. If Megapolis’ operational performance meets certain benchmarks during the four fiscal years following the closing […]

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JTI to challenge Scottish plain-packaging plans

April 8, 2013 | Comments (0)

The tobacco giant Japan Tobacco International is preparing to challenge the Scottish Government’s plain cigarette packets plans in an advertising campaign this week, according to an article in The Scotsman. It will reveal correspondence, obtained through Freedom of Information, from the Department of Health in which officials state there is no hard evidence to suggest the […]

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