$ITC plans to float ITC Hotels on the stock exchange as a spin-off. $BATS (+0,13 %) will have around 15% of ITC Hotels (1 ITC Hotels share for every 10 ITC shares). The value of the share package is estimated at around $400 million. BAT plans to sell its stake in ITC Hotels without discount. The proceeds from the sale will be used to reduce debt.
8Lun·
33
4 ComentariosSmudo@Smudeo
8Lun
••
~ Michael 💎 🏅@Michael-official
8Lun
•
11
•TaxesAreTheft@TaxesAreTheft
8Lun
••
John@Transporter
8Lun
••