Japan Tobacco International Completes Merger of Subsidiary Companies

Aug.24.2023

JT International completes a merge, making its subsidiary JTIH the surviving company and dissolving JT International Group Holding.

On August 23rd, according to the official website of Japan Tobacco, JT INTERNATIONAL has completed a merger, with its subsidiary, JT International Holdings (JTIH), being retained as the surviving company while Japan Tobacco International Group Holdings (JTIGH) is being dissolved.

JTIH is a wholly-owned subsidiary of JT International Group Holding, headquartered in the Netherlands. Its Chairperson and CEO is Biljana Ivosevic. Japan Tobacco anticipates that the merger between its consolidated subsidiaries will have a minor impact.

References:

[1] 日本烟草公告

Also Read:

[1] Big Tobacco's Marketing Tactics: Influencers and Nicotine Pouches

[2] JTI to Invest $80 Million in Tobacco Processing Facility in Kazakhstan

#Europe #Legislation #Open system e-cigarettes #United Kingdom #JTI #E-cigarette Companies

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