Smoking returns: how the tobacco industry tempts investors

Apr 29, 2013
<p>Despite taxes, packaging bans and the growth of ethical investment, tobacco companies remain a big attraction for investors</p>
In March, Japan Tobacco International (JTI) launched itself upon a waiting market with a secondary offering that, in effect, privatized it. Owning renowned brands like Winston, Camel and Benson & Hedges, the $60 bn company joined Philip Morris International

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