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ITC shares spike 8% even as British Tobacco trims 3.5% via block deal: Analysts betting on strong brand recall, FMCG biz prospects
Plc intends to sell about 3.5% of its stake in ITC to institutional investors through block deals on Wednesday. Despite the reduction, BAT, as ITC’s largest shareholder, will retain ...
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BAT launches 3.5% ITC stake sale via block trade, to hold 25.5% stake after deal: Report
London-listed British American Tobacco Plc will be selling 3.5% stake, which is around in $2.1 billion of shares, ITC Ltd via block trade to institutional investors. The makers of Lucky Strike ...