ITC Completes Sproutlife Foods Acquisition For ₹645 Crore, Now Owns 100%

Mumbai: ITC Limited on Thursday announced it has completed the acquisition of Sproutlife Foods Private Limited, the company behind the ‘Yoga Bar’ brand, for approximately ₹645 crore. This transaction increases ITC's stake in Sproutlife to 100 per cent.Equity Share AcquisitionThe company acquired an additional 13,445 equity shares of ₹10 each through a secondary purchase. The confirmation of this acquisition was...