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On Thursday, BAT said it has been "actively working for some time" to sell a part of its stake in ITC. BAT holds a slightly over 29% stake in the Indian conglomerate spanning tobacco-to-hotels. Earlier indications from BAT suggest its intention to maintain up to a 25% shareholding in ITC to retain strategic influence, including veto rights. A 4% stake sale would be valued around ₹21,000 crore at the current market price.

Dublin, Jan. 23, 2024 (GLOBE NEWSWIRE) -- The

Global cannabis heat-not-burn device sales are increasing as a result of the legalization of marijuana for medicinal use in several nations, including...

Global Tobacco Market Global Tobacco Market Dublin, Aug. 16, 2023 (GLOBE NEWSWIRE) -- The "Tobacco Market Size, Share & Trends Analysis Report By Product (Smokeless Tobacco, Cigarettes, Cigars & Cigarillos, NGPs, Kretek), By Distribution Channel (Supermarket/Hypermarket, Online), By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.The global tobacco market is on a trajectory to achieve remarkable growth, with an anticipated size of USD 1049.9

Dublin, Aug. 16, 2023 (GLOBE NEWSWIRE) -- The "Tobacco Market Size, Share & Trends Analysis Report By Product (Smokeless Tobacco, Cigarettes, Cigars...