Japan Tobacco has agreed to acquire tobacco company Vector Group Ltd. for $2.4 billion. The transaction, announced Aug. 21, is expected to close by the end of JT Group’s current fiscal year. Japan-based Japan Tobacco was advised by a Freshfields Bruckhaus Deringer team led by corporate partners Sebastian Fain and Paul Humphreys. Vector Group, which is based in Miami, was represented by a Sullivan & Cromwell team including partners Alan Fishman and Alison Ressler.
Food, Beverage & Tobacco
August 22, 2024, 11:13 AM