Editing Japan Tobacco International

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===Acquisitions===
 
===Acquisitions===
 
In August 2018, Japan Tobacco purchased Akij Group (Bangladesh) for around USD 1.5 billion. Reuters reported it as Japan Tobacco International's second major purchase in five months.<ref>[https://www.reuters.com/article/us-akij-m-a-japan-tobacco/japan-tobacco-buying-bangladesh-akijs-tobacco-business-for-1-5-billion-idUSKBN1KR0O1 Japan Tobacco buying Bangladesh Akij's tobacco business for $1.5 billion], ''Reuters'', August 2018, Accessed 8 September 2018</ref> At the time Akij held about a 20 percent share of the cigarette market in Bangladesh, the eighth largest cigarette market in the world, with volumes exceeding 86 billion units and growing by about 2 percent year-on year. This transaction was projected to add around 17 billion units to JT Group’s overall volume.<REF>Japan Tobacco International, [https://www.jti.com/our-views/newsroom/jt-group-agrees-acquire-tobacco-business-akij-group-bangladesh JT Group Agrees to Acquire Tobacco Business of Akij Group in Bangladesh], Accessed 12 September 2018</REF> In November 2018 Japan Tobacco completed its acquisition of Akij Group's tobacco business, at the time, the largest single foreign direct investment in Bangladesh.<ref> [https://www.thedailystar.net/business/news/japan-tobacco-closes-147b-acquisition-akij-venture-1667071 Japan Tobacco closes $1.47b acquisition of Akij venture], ''The Daily Star'', 30 November 2018, Accessed 30 December 2018</ref>
 
 
 
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! Recent acquisitions <ref>Eckhart, J., & Prastyani, A.W. (2016). [https://www.tandfonline.com/doi/ref/10.1080/17441692.2016.1273368?scroll=top Japan Tobacco International: To ‘be the most successful and respected tobacco company in the world’, ''An International Journal for Research, Policy and Practice''], pp. 281-299, Accessed 12 December 2018 </ref>  
 
! Recent acquisitions <ref>Eckhart, J., & Prastyani, A.W. (2016). [https://www.tandfonline.com/doi/ref/10.1080/17441692.2016.1273368?scroll=top Japan Tobacco International: To ‘be the most successful and respected tobacco company in the world’, ''An International Journal for Research, Policy and Practice''], pp. 281-299, Accessed 12 December 2018 </ref>  

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