Japan Tobacco lights up the tobacco sector by acquiring Vector Group in U.S. push
Written by Emily J. Thompson, Senior Investment Analyst
Source: SeekingAlpha
Japan Tobacco Acquires Vector Group: Japan Tobacco has acquired all outstanding shares of Vector Group for $15.00 per share, totaling approximately $2.4 billion, which will enhance its presence in the U.S. tobacco market and improve ROI in combustibles.
Market Impact and Analyst Insights: Analysts view the acquisition positively, noting that it allows Japan Tobacco to capture high-margin business despite declining cigarette volumes, while competitors like British American Tobacco and Imperial Brands are not expected to interfere with the deal.
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Analyst Views on UVV
About UVV
Universal Corporation is a global agricultural company engaged in supplying products and solutions to meet its customers’ evolving needs and precise specifications. The Company is engaged in the leaf tobacco business and investing in the growth of its plant-based ingredients platform. It operates through two segments: Tobacco Operations and Ingredients Operations. The Tobacco Operations segment involves procuring and processing flue-cured, burley, dark air-cured, and oriental leaf tobacco for manufacturers of consumer tobacco products and performing related services. Through its Ingredients Operations segment, it procures raw materials globally and processes the raw materials through a variety of value-added manufacturing processes to produce specialty plant-based ingredients, including fruits, vegetables, botanical extracts, and flavorings for consumer-packaged goods manufacturers, retailers, and food and beverage companies. It operates in over 30 countries on five continents.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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