british american tobacco itc BAT to Sell $1.4 Billion Stake in ITC: Major Block Deal in India's Market, ETRetail British American Tobacco is ITC's
British American Tobacco is ITC's largest shareholder with a 22.9% stake, followed by LIC at 15.9%, while the Government of India holds 7.8% via SUUTI. British American Tobacco Beats Full Year Profit Estimates, Signals ITC Stake Disposal ESM Magazine BAT to check out of ITC's demerged hotels business The Economic Times 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 gets full control of US rival Reynolds in $49.4 billion deal IBTimes India British American Tobacco sells $1.5 billion stake in India's ITC via block deal Reuters
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