Indian conglomerate ITC Ltd. is in early talks to acquire MTR Foods and Eastern Condiments from Orkla ASA for $1.4 billion.

BAT plans to divest its 15.3% stake in ITC Hotels by 2026, stating it has no long-term interest in the sector. ITC Hotels, ...

The ongoing talks between ITC and Orkla may not conclude with a deal, but the majority-stake-sale option is being explored ...

During its FY24 earnings call, the company stated that it has no intention of becoming a long-term shareholder in a hotel ...

British American Tobacco (BAT) is planning to divest its holding in the newly spun-off entity ITC Hotels by 2026, CEO Tadeu ...

British American Tobacco plans to divest its 15% stake in ITC Hotels for shareholder value maximization by 2026.

The Norwegian company, which entered the Indian market by acquiring MTR in 2007 and Eastern in 2020, is yet to drop the IPO ...