Company Encyclopedia
View More
name
Invesco Intl Div Achievers
PID.US
News
View More

Deals of the day-Mergers and acquisitions

British American Tobacco sold over half its stake in ITC Hotels for 38 billion rupees. Netflix is in talks to buy Warner Bros Discovery’s studios and streaming assets for $28 per share. Paribu acquired a majority stake in CoinMENA, valuing it at up to $240 million.

Reuters·
US
BTI
-1.52%
US
NFLX
-3.48%
US
WBD
+2.18%
Reuters·
US
BTI
-1.52%
US
NFLX
-3.48%
US
WBD
+2.18%

UK Stocks-Factors to watch on December 5

UK's FTSE 100 index is expected to open flat, with futures slightly up. British American Tobacco sold a 9% stake in ITC Hotels for $424.7 million. Ocado received a $350 million payment from Kroger. UK's housing market slowed in November. Shell's LNG Canada's Train 2 remains down. Big Yellow Group ended talks with Blackstone. UK to launch fast-track licensing for financial startups. WTI oil prices are up, gold is flat, and copper hit a record high.

Reuters·
US
BTI
-1.52%
Reuters·
US
BTI
-1.52%

British American Tobacco sells 9% ITC Hotels stake for $425 million

British American Tobacco sold a 9% stake in ITC Hotels for $425 million, reducing its holding from 15.3% to 6.3%. The sale was part of a strategy to reduce debt and exit non-strategic assets. BAT was the second-largest shareholder in ITC Hotels, inheriting the stake when ITC Ltd spun off its hotels business. The sale was conducted through an accelerated bookbuild process.

Reuters·
US
BTI
-1.52%
Reuters·
US
BTI
-1.52%

REG - British Amer.Tobacco - Transaction in Own Shares

British American Tobacco PLC announced the purchase of 110,000 ordinary shares from Goldman Sachs International as part of its buyback program. The shares were bought at prices ranging from 4,283.00p to 4,403.00p, with a volume-weighted average price of 4,347.03p. The company plans to cancel the purchased shares, reducing its ordinary shares in issue to 2,181,285,546, excluding treasury shares.

London Stock Exchange·
US
BTI
-1.52%
London Stock Exchange·
US
BTI
-1.52%

Tadeu Marroco Buys 3 Shares of British American Tobacco (LON:BATS) Stock

Tadeu Marroco, an insider at British American Tobacco, purchased 3 shares of the company at GBX 4,410 per share, totaling £132.30. This follows previous purchases of 4 shares each in November and October. The stock's performance and analyst ratings are also discussed, with a consensus rating of 'Hold' and an average price target of GBX 4,500.

Market Beat·
US
BTI
-1.52%
Market Beat·
US
BTI
-1.52%
© 2025 Longbridge｜Disclaimer