ITC stock surges 9% amid block deal; BAT likely seller
British American Tobacco (BAT), ITC's largest shareholder, was reportedly looking to sell 43.7 crore shares, or 3.5% stake, in the company via a block deal, which would fetch ₹17,491 crore.
british american tobacco
March 2024
February 2024
ITC shares tank 2.5% as British American Tobacco mulls stake sale
Last month, British tobacco giant had said that it would pursue all opportunities to enhance balance sheet flexibility including regular review of its stake in ITC.
ITC tanks 5% as BAT mulls stake sale
Shares of ITC drop 5% as British American Tobacco reviews its stake.
