RETAIL/FMCG
ITC Acquires Balance 52.5% Stake In Yoga Bar Maker Sproutlife For ₹645 Cr
ITC Ltd has acquired the remaining 52.5% stake in Sproutlife Foods Pvt Ltd, the maker of Yoga Bar, for ₹645 crore, making the food products company a wholly owned subsidiary. ITC acquired 13,445 equity shares of Sproutlife, with a face value of ₹10 each, through a secondary purchase. Following the transaction, ITC’s shareholding in Sproutlife […]
