Many have speculated over the years that Japan Tobacco may take the plunge and acquire Imperial Tobacco, will 2019 be the year?
Quite possibly. Several analysts have increasingly seen this as the most likely case.
- Rumors that JAPAY may acquire IMB have swirled around for some time now, yet some analysts argue 2019 could be the year it actually happens.
- The strategic sense for them to combine is certainly obvious as is the ability of JAPAY to finance any such approach.
- With new management at JAPAY and an increasingly complex tobacco market, the time may well be right for the rumors to become real.