Deal Detail

Gryson NV to Japan Tobacco Inc.

Tobacco/May 2012

EV / LTM EBITDA

12.3x

EV / LTM Sales

Enterprise Value

$598M

Primary Source

Lazard

All Observations

Source-specific multiples and notes for this transaction.

Primary?	Source Type	Fairness Opinion / Source	Advisor	Source Year	Enterprise Value	EV/Sales	EV/EBITDA	EV/Fwd EBITDA	Note	Citation
Primary	fairness opinion	RAI FO	Lazard	2017	$598M	-	12.3x	-	-	Open
-	fairness opinion	RAI FO	Lazard	2017	$598M	-	12.3x	-	-	Open
-	fairness opinion	RAI FO	Goldman Sachs	2017	$600M	-	12.3x	-	-	Open