British American Tobacco to sell 2.3% stake in ITC via block deal, retains majority holding

  • Posted on May 28, 2025
  • By Financial Express
  • 3 Views
British American Tobacco to sell 2.3% stake in ITC via block deal, retains majority holding

BAT’s proposed stake sale is the second significant block trade in India this week. Just days earlier, Rakesh Gangwal, co-founder of IndiGo, sold a 5.7% stake in the airline for $1.36 billion.
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