BUSINESS

Savvidis sells Donskoy Tabak and Greek subsidiary to Japan Tobacco

TAGS: Business

Japan Tobacco has acquired Donskoy Tabac (DT), owned by Greek-Russian business tycoon Ivan Savvidis, for $1.6 billion it emerged on Friday, with the Greek Tobacco Industry of Xanthi (SEKAP), a subsidiary of DT, being part of the deal.

SEKAP was established in 1975 and acquired by DT in 2013. It came under Savvidis's ownership in July of that year.

Online



 



Booking.com