Japan Tobacco and Philip Morris buy 40% of Russian distributor
Japan Tobacco (JT) and Philip Morris will each buy a 20 percent stake in Russian distributor Megapolis for a total of more than $1.5 billion, as the rivals move to tap the world's second-biggest cigarette market.
Philip Morris to exterminate child labor in its Kazakhstan plantations
Philip Morris International will exterminate child labor in its tobacco plantations in Kazakhstan.