british american tobacco itc demerger: How BAT will bat after ITC Hotels demerger record date - Markets British American Tobacco sells 9%

British American Tobacco sells 9% ITC Hotels stake for $425 million Reuters British American Tobacco (BAT) announced on Tuesday its intention to sell approximately 2.3% of its stake in Indian consumer goods giant ITC through a block trade. Despite the planned sale, #BAT will British American Tobacco gets full control of US rival Reynolds in $49.4 billion deal IBTimes India ITC's Largest Shareholder British American Tobacco Likely To Sell Stake. Check Details

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