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BAT to Offload 3.5% of ITC Today

British American Tobacco (BAT) Plc said it will sell around 3.5% of its stake in ITC to institutional investors in block deals on Wednesday. ....

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ITC spikes 8% as British Tobacco trims 3.5%: Analysts bet on brand recall, FMCG prospects

ITC spikes 8% as British Tobacco trims 3.5%: Analysts bet on brand recall, FMCG prospects
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BAT to sell 3.5% in ITC on Wednesday, may raise up to ₹17,480 crore

BAT will sell the stake in ITC Ltd at a discount. Proceeds will fund buyback and deleveraging efforts, ensuring a significant ownership stake post-sale. ....

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