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BAT Sells 3.5% Stake in ITC for ₹17,485 Crore in Open Market Transactions
British multinational BAT Plc sold 3.5% stake in ITC Ltd for ₹17,485 crore through open market transactions. Singapore Government, Monetary Authority of Singapore, Lockheed Martin Corporation, Goldman Sachs Singapore, Copthall Mauritius Investment, BofA Securities Europe SA, Societe Generale, Morgan Stanley Asia Singapore Pte, and Ghisallo Master Fund LP picked up shares in ITC....
BAT to Divest 3.5% Stake in ITC via Block Trade
British American Tobacco PLC (BAT) plans to sell up to 3.5% stake in ITC Ltd through a block trade to institutional investors, representing a significant portion of ITC's issued ordinary share capital....
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