British American Tobacco to sell 2.3% of its stake in India’s ITC (update)

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An up close view of a package of several cigarettes

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British American Tobacco (NYSE:BTI)'s subsidiary Tobacco Manufacturers intends to sell around 2.3% of its ordinary share capital in Indian tobacco company, ITC, the company said in a statement on Tuesday.

BAT's plans to sell a stake in ITC was earlier

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