itc british american tobacco sells $1.5 billion stake in India's via block deal BAT reduces stake in ITC
BAT reduces stake in ITC Limited Tobacco Tactics British American Tobacco (BAT) announced on Tuesday its intention to sell approximately 2.3% of its stake in Indian consumer goods giant ITC through a block trade. Despite the planned sale, #BAT will The stake sale by BAT's India arm, Tobacco Manufacturers (India), aims to boost financial flexibility for BAT, continuing its investment in transformation and maintaining ITC as a key partner. Read more: Link British American Tobacco sells 9% stake in ITC Hotels for over 3,800 crore The HinduBusinessLine
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