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BUZZ-British American Tobacco dips as Reinet to offload shares

ReutersJan 14, 2025 8:24 AM

** Shares of British American Tobacco BATS.L down 2.6% at 2856p

** Stock is among top losers on FTSE 100 index .FTSE

** Reinet Investments REIT.LU to sell 43.3 million shares in BAT at 28.20 pound per share

** Share sale to raise gross proceeds of 1.2 million pounds ($1.47 million)

** BAT up ~25% in the last year

($1 = 0.8173 pounds)

(Reporting by Anandita Mehrotra in Bengaluru)

((Anandita.Mehrotra@thomsonreuters.com))

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