Largest Indian Cigarette Maker ITC Plunges on Higher Tobacco Tax
Shares of ITC Ltd. plunged the most in nearly six years after a higher levy on tobacco products by the…
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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.…
BAT Starts $2 Billion Buyback Following Its ITC Stake Sale
British American Tobacco Plc. started a £1.6 billion ($2 billion) buyback program after selling part of its stake in India’s…
ITC Jumps as BAT’s $2.1 Billion Stake Sale Removes Key Overhang
Shares of ITC Ltd. surged the most in nearly four years after 3.6% of the company’s equity traded in block…
BAT to Sell as Much as $2.1 Billion of ITC Stock in Block Trade
British American Tobacco Plc, the maker of Lucky Strike cigarettes, is selling as much as $2.1 billion of shares in…
BAT Said Preparing to Launch ITC Selldown as Soon as This Week
British American Tobacco Plc, the maker of Lucky Strike cigarettes, is preparing to kick off a sale of part of…