On August 23rd, according to the official website of Japan Tobacco, JT INTERNATIONAL has completed a merger, with its subsidiary, JT International Holdings (JTIH), being retained as the surviving company while Japan Tobacco International Group Holdings (JTIGH) is being dissolved.
JTIH is a wholly-owned subsidiary of JT International Group Holding, headquartered in the Netherlands. Its Chairperson and CEO is Biljana Ivosevic. Japan Tobacco anticipates that the merger between its consolidated subsidiaries will have a minor impact.
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