TOKYO Japan Tobacco Inc is buying the tobacco business of Bangladesh's Akij Group for around $1.5 billion, its second major purchase in five months as the world's third-biggest cigarette maker seeks new growth markets to offset shrinking sales at home.
TOKYO, Aug 6 Japan Tobacco Inc said on
Monday it had agreed to buy the tobacco business of Akij Group,
Bangladesh's second-biggest tobacco company, for about 124.3
billion BDT ($1.48 billion) to further boost its presence in