British American Tobacco p.l.c. (LSE:BATS) is preparing to kick off a sale of part of its stake in Indian partner ITC Limited (NSEI:ITC) as soon as this week, people with knowledge of the matter said. London-listed BAT has been speaking with Bank of America Corp. and Citigroup Inc. about a potential divestment of around $2 billion to $3 billion in ITC stock through block trades, the people said.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
436.4 INR | -0.58% | -0.25% | -5.55% |
May. 02 | India widens spices crackdown with nationwide checks on all manufacturers | RE |
Apr. 25 | ITC Opens New Hotel in Sri Lanka | MT |
Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
2,355 GBX | -0.67% | +1.25% | 65.86B | ||
436.4 INR | -0.58% | -0.25% | 65.67B | ||
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-5.55% | 65.67B | |
+8.16% | 75.54B | |
+18.05% | 49.67B | |
+5.98% | 7.48B | |
-12.85% | 6.17B | |
+2.75% | 2.53B | |
-11.81% | 2.14B | |
-28.86% | 1.81B | |
-13.04% | 1.36B | |
-11.58% | 1.17B |
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