British American Tobacco Considers Partial Sale of ITC Shareholding
Provided by
Dow Jones
By Najat Kantouar
British American Tobacco is evaluating a possible disposal of a small part of its shareholding in Indian conglomerate ITC via an on-market block trade.
The FTSE 100 cigarette maker--which houses the Kent, Dunhill and Lucky Strike brands--said Monday that there is no certainty a transaction will proceed, nor the terms of any potential transaction.
Write to Najat Kantouar at najat.kantouar@wsj.com
(END) Dow Jones Newswires
March 11, 2024 13:27 ET (17:27 GMT)
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