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 | ||
441 INR | +0.15% | +1.23% | -4.57% |
05-07 | INDIA STOCKS-Indian shares give up early gains; volatility at 15-month high | RE |
05-02 | India widens spices crackdown with nationwide checks on all manufacturers | RE |
Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
2,406 GBX | +0.80% | +2.43% | 66.52B | ||
441 INR | +0.15% | +1.23% | 65.88B | ||
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-4.57% | 65.88B | |
+9.79% | 75.32B | |
+18.44% | 49.51B | |
+5.52% | 7.71B | |
-15.64% | 5.58B | |
0.00% | 2.54B | |
-12.05% | 2.15B | |
-13.73% | 1.23B | |
-17.04% | 1.15B | |
+0.58% | 1.02B |
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