BAT to sell 2.3% stake in ITC through block deal
- Posted on May 28, 2025
- By Business News Today
- 3 Views
BAT to sell 2.3% stake in ITC through block deal
British American Tobacco (BAT) plans to sell approximately 2.3% stake in ITC Ltd to institutional investors through a block trade. This marks BAT's second stake reduction in ITC, following a similar sale last year. Post-transaction, BAT will retain a significant 23.
