Shares of recently-listed ITC Hotels declined over 3% in intra-day trade on Friday, February 14, after British American Tobacco Plc (BAT), the biggest shareholder after ITC, said it will pare its ...
British American Tobacco is planning to divest its holding in the newly spun-off entity ITC Hotels by 2026. (Image: ITC Hotels/website) UK-based British American Tobacco (BAT), the biggest ...
is planning to divest its stake in newly spun-off entity ITC Hotels by 2026. “BAT has no interest in becoming a long-term shareholder of a hotel chain in India. And as a consequence, at the ...
Why not plan a staycation for just the two of you? If you are looking for a resort near Kolkata, you can check out Storii by ITC Hotels, Devasom Resort & Spa on Basanti Highway. While you relax in ...
BAT plans to divest its 15.3% stake in ITC Hotels by 2026, stating it has no long-term interest in the sector. ITC Hotels, which recently announced a demerger, received a ‘Buy’ rating from Jefferies ...
Shares of ITC Hotels Ltd. fell over 2% on Friday, after British American Tobacco Plc, the largest shareholder in ITC Ltd., confirmed that it will soon be reducing stake in the hotels business. During ...
British American Tobacco (BAT) will divest its stake in ITC Hotels “at the right moment”, its chief executive, Tadeu Marroco, said on Thursday. Reiterating BAT’s position on ITC Hotels, Marroco said ...
the largest shareholder in ITC Ltd., has confirmed that they will soon be reducing stake in ITC Hotels Ltd. During the earnings con-call of the company, Chief Executive Officer, Tadeu Marroco, said ...
will be looking to divest its stake in newly spun-off entity ITC hotels by 2026. BAT said that it has no interest in being a long term shareholder of ITC Hotels. In a post earnings call with analysts, ...