Singapore govt, ICICI Prudential buy stake in ITC after BAT’s stake sale

Singapore govt, ICICI Prudential buy stake in ITC after BAT’s stake sale

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In ITC, British American Tobacco’s (BAT) subsidiary Tobacco Manufacturers India sold 43.68 crore shares, equivalent to 3.50 percent equity stake in the company at Rs 400.25 per share. Tobacco Manufacturers, which held 23.87 percent stake in ITC til December 2023, sold Rs 8,742.48 crore worth of equity.
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Source: https://www.moneycontrol.com/news/business/stocks/bulk-deals-singapore-govt-icici-prudential-buy-stake-in-itc-after-bats-stake-sale-12454931.html/amp