British American Tobacco trims ITC stake by 2.5% in Rs 12,941 crore deal to boost financial flexibility
Wednesday, 28 May 2025 British American Tobacco Plc divested a 2.5% stake in ITC Ltd for Rs 12,941 crore, reducing its shareholding to 22.94%. The sale, executed through open market transactions, aims to enhance BAT's financial flexibility for transformation investments and shareholder returns. Proceeds will extend the share buyback program by £200 million, signaling continued confidence in ITC's strategic value.
Norwest, a key player in the investment landscape, has made headlines with its staggering Rs 1,465 crore investment in IKF Finance. In this 10-minute video, we dive deep into the implications of this..
ITC shares experienced a decline of over 5% following reports that British American Tobacco (BAT), the largest shareholder, plans to sell a 2.3% stake in the... IndiaTimes
Wednesday, 28 May 2025
![Norwest leads ₹1,465 crore investment in IKF Finance [Video]](https://video.newsserve.net/300/v/20250519/1747682609-Norwest-leads-₹1-465-crore-investment-in-IKF.jpg)
