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British American Tobacco to sell 2.3% stake in India's ITC

By Michele Maatouk

Date: Tuesday 27 May 2025

(Sharecast News) - British American Tobacco said on Tuesday that it was planning to sell around 2.3% of its shareholding in India's ITC.
The tobacco firm will sell the stake to institutional investors in an accelerated bookbuild.

It said the transaction will provide BAT with increased financial flexibility "as it...

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