Japan Tobacco Said to Discuss Buying $5 Billion in Reynolds Assets

Updated on
  • Assets could include parts of Natural American Spirit brand
  • Japanese company aims to expand outside home market with M&A

Japan Tobacco Inc. is in talks to buy cigarette assets from Reynolds American Inc. as the company seeks to expand outside of its shrinking home market, according to people familiar with the talks.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.