itc british american tobacco (BAT) Sells 2.5% Stake in British American Tobacco is ITC's

British American Tobacco is ITC's largest shareholder with a 22.9% stake, followed by LIC at 15.9%, while the Government of India holds 7.8% via SUUTI. British American Tobacco (BAT) announced on Tuesday its intention to sell approximately 2.3% of its stake in Indian consumer goods giant ITC through a block trade. Despite the planned sale, #BAT will British American Tobacco to sell 2.3% stake in India's ITC ITC And BAT Partnership: ITC, BAT rekindle the flame for growth, ETBrandEquity BAT to Sell as Much as $2.1 Billion of ITC Stock in Block Trade Bloomberg BAT Completes $420M Block Trade of ITC Hotel Shares Tobacco Reporter

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