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British American Tobacco awaiting RBI approval to check out of ITC Hotels

Home » News » Latin America » British American Tobacco awaiting RBI approval to check out of ITC Hotels

British American Tobacco awaiting RBI approval to check out of ITC Hotels

Writankar Mukherjee 11/08/2025 22:23

British American Tobacco (BAT) awaits RBI approval to sell its 15.29% stake in ITC Hotels, a holding dating back to the early 1900s. CEO Tadeu Marroco stated the sale would help BAT reduce debt by 2026. Following the hotel business’s demerger from ITC, BAT be…

The Times of India
British American Tobacco (BAT) awaits RBI approval to sell its 15.29% stake in ITC Hotels, a holding dating back to the early 1900s. CEO Tadeu Marroco stated the sale would help BAT reduce debt by 2026. Following the hotel business’s demerger from ITC, BAT be…
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