British American Tobacco Stock on 5 December 2025: ITC Hotels Stake Sale, Dividend Power and the 2026 Outlook
As British American Tobacco p.l.c. (LON: BATS, NYSE: BTI) trades near 52‑week highs, fresh news on asset sales, debt reduction and the smokeless pivot is reshaping the investment story just days before the company’s year‑end trading update. 1. What’s new today: BAT sells down its ITC Hotels stake to cut debt On 5 December 2025, British American Tobacco (BAT) is in the headlines for a sizeable selldown of its stake in Indian hotel company ITC Hotels Ltd., the recently demerged hospitality arm of ITC Ltd. According to a termsheet reported by Indian financial media, BAT’s wholly owned subsidiaries — Tobacco