Breaking news: ITC shares fell 4% after hotel demerger news. Jefferies and other leading financial firms have weighed in to explain why. Read our blog post for more information!
The decision to demerge the hotels division into a wholly-owned subsidiary is indeed a significant move for ITC. It can potentially unlock value for the company and its shareholders by creating a separate entity dedicated to the hotel business, which may attract specific investors and strategic partnerships. Such a move can also lead to a […]
Read More