Searched for
ITC BAT
BAT to sell 2.3% stake in ITC through block dealBritish American Tobacco (BAT) plans to sell approximately 2.3% stake in ITC Ltd to institutional investors through a block trade. This mar...28 May, 2025, 06.25 AM IST- BAT to check out of ITC's demerged hotels businessBritish American Tobacco (BAT) intends to divest its stake in ITC's soon-to-be demerged hotel business and explore options for unlocking sh...23 Oct, 2024, 12.01 PM IST
- ITC to double raw tobacco exports to BAT by 2025-26ITC Ltd plans to significantly increase exports of raw tobacco to British American Tobacco (BAT), targeting a value of up to Rs 2,350 crore...01 Jul, 2024, 04.37 PM IST
- BAT unlikely to bat on the board of ITC's hotels bizITC's hotel business will not have any board representation from its largest shareholder, BAT, according to a demerger document. BAT will o...07 May, 2024, 09.19 AM IST
- Not keen to dilute any more of remaining 25.51% stake in ITC: BAT CEO“ITC is transforming itself, making a number of investments and divesting the hotel business which we supported. We want to have a say in t...15 Mar, 2024, 12.19 AM IST
- BAT to sell 3.5% stake in ITC via block dealITC's largest shareholder BAT Plc on Tuesday said in a statement that its wholly-owned subsidiary Tobacco Manufacturers (India) Ltd will se...13 Mar, 2024, 06.41 AM IST
- BAT to sell 3.5% stake in ITC at Rs 384-400 per share in $2.1 billion block deal on WednesdayDebt-ridden British American Tobacco (BAT) plans to sell a 3.5% stake in ITC Ltd for $2.1 billion, reducing its shareholding to 25.5%. BAT'...12 Mar, 2024, 06.05 PM IST
- BAT confirms evaluating selling of small part of stake in ITCBritish American Tobacco (BAT) is considering selling a small part of its shareholding in ITC. BAT owns 29% stake but believes 25% is enoug...12 Mar, 2024, 11.29 AM IST
- ITC shares fall below Rs 400-level as BAT gets ready to offload stakeShares of ITC fell on reports of BAT potentially selling $2-3 billion worth of shares. The divestment, subject to regulatory clearances, ha...12 Mar, 2024, 11.18 AM IST
- ITC may underperform in near term: AnalystsOn Thursday, BAT said it has been "actively working for some time" to sell a part of its stake in ITC. BAT holds a slightly over 29% stake ...10 Feb, 2024, 09.25 AM IST
- Jefferies downgrades ITC, cuts target price by Rs 90. It's not just about BATBAT's potential stake sale in ITC could result in a supply overhang of about $2.5 billion. BAT is facing challenges from declining cigarett...09 Feb, 2024, 12.51 PM IST
- BAT takes stance, gets ready to cut stake in ITCBAT chief executive Tadeu Marroco said in its preliminary earnings release for 2023 that the company continues “to pursue all opportunities...09 Feb, 2024, 06.33 AM IST
- British American Tobacco signals ITC stake disposal, shares soar 7%British American Tobacco is actively working to sell some of its shareholding in India's ITC, signaling a move towards resuming share buyba...08 Feb, 2024, 04.16 PM IST
- ITC stock slumps 4% after BAT reiterates intention to sell partial stakeBAT has been an investor in ITC since the early 1990s, and it presently owns a little over 29% stake in the tobacco-to-hotels major. In Dec...08 Feb, 2024, 01.41 PM IST
- ITC is world's 3rd most valuable tobacco company after London-based BAT sinksLondon-based BAT has seen a sell-off in its shares in the past week, rendering its market cap below ITC to $64 billion. The stock fell shar...10 Dec, 2023, 10.45 AM IST
- Pat on the back from BAT to make Sanjiv Puri's job easierITC's largest shareholder expresses confidence in new chairman; indicates it has no plans for now to raise stake in the Indian co.15 May, 2019, 07.09 AM IST
- Govt should raise stake in ITC to prevent hostile takeover by BAT: SJMLondon-headquartered British American Tobacco (BAT) owns 29.5% in ITC while government-controlled financial institutions together hold 27.8...17 Oct, 2018, 11.39 AM IST
Load More
