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ITC to buy healthy snacks brand Yoga Bar's owner over 3-4 years
short by Mansi Agarwal / on Wednesday, 18 January, 2023
ITC on Tuesday said it'll buy Sproutlife Foods, the parent company of healthy snacks brand Yoga Bar. The deal will be completed in three-four years, with ITC initially buying 39.4% stake for ₹175 crore. It plans to acquire a total of 47.5% stake by March 2025 and the acquisition of the remaining stake would be subject to conditions.
read more at Moneycontrol