Agreement signedPublished 21 Aug 2024

JT Group /
Vector Group Ltd.

JT Group agrees to acquire Vector Group Ltd.

Buy side: JT Group
Buy sideJT Group
Target: Vector Group Ltd.
TargetVector Group Ltd.
Source · 21 Aug 2024Source-verified
Buy side: JT Group
Buy sideJT Group
Target: Vector Group Ltd.
TargetVector Group Ltd.
01 / BuyerJT Group
02 / TargetVector Group Ltd.
Source-verified
01

What happened

JT Group has reached an agreement to acquire Vector Group Ltd., the fourth largest tobacco company in the United States. The tender offer and subsequent statutory merger are intended to give JT Group 100% of Vector Group Ltd.’s outstanding fully diluted share capital.

The deal values the transaction at around USD 2.4 billion (approximately 378 billion yen), with a per-share price of $15.00.

02

The source

Everything on this page comes from the source below.

01
Source · Original source

JT Group agrees to acquire Vector Group Ltd.

This document is the source for the companies, stage, figure and people on this page.

Source-verified
03

Timeline

Every date the source states, in order. Anything marked ahead is a target the source gives, not something that has happened.

  1. Published by the source

    The source this page is built from.

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