Japan Tobacco Inc., the world’s third-largest cigarette maker, will seek more takeovers from 2009 to build on the £7.5 billion purchase of Gallaher Group PLC, President Hiroshi Kimura said in a recent interview.
Further acquisitions “would be realistic from 2009,” Kimura said in an interview Wednesday. The integration of the British maker of Benson & Hedges cigarettes, purchased in April, will be completed in two years, he said.
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