BAT to Sell $1.36 Billion Stake in Indian Tobacco Firm ITC
British American Tobacco Plc plans to sell a stake in Indian tobacco manufacturer ITC Ltd. worth at least $1.36 billion.
I.T Ltd. is an investment holding company, which engages in retailing and trading of fashion wears and accessories. It operates through the following geographical segments: Hong Kong, Mainland China, Japan and the USA, and Other. Its products include a range of fashion apparel and accessories with different fashion concepts. The company was founded by Kar Wai Sham and Kin Wai Sham in November 1988 and is headquartered in Hong Kong.
British American Tobacco Plc plans to sell a stake in Indian tobacco manufacturer ITC Ltd. worth at least $1.36 billion.
British American Tobacco Plc. started a £1.6 billion ($2 billion) buyback program after selling part of its stake in India’s ITC Ltd.
Shares of ITC Ltd. surged the most in nearly four years after 3.6% of the company’s equity traded in block deals as British American Tobacco Plc’s offer to sell a $2.1...
British American Tobacco Plc, the maker of Lucky Strike cigarettes, is selling as much as $2.1 billion of shares in Indian partner ITC Ltd. in a block trade.