Tobacco (DLS04)

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BAT evaluating disposal of 'small part' of its ITC shareholding

By Michele Maatouk

Date: Tuesday 27 May 2025

LONDON (ShareCast) - (Sharecast News) - British American Tobacco said on Tuesday that it is evaluating a possible disposal of a small part of its shareholding in Indian hotel chain ITC via an on-market trade.
Responding to recent speculation, BAT said in a brief statement that there can be no certainty that any such transaction will proceed, nor as to the terms of any potential transaction.

A further announcement will be made if and when appropriate, it added.

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