ITC to Fully Acquire Mother Sparsh in Strategic Move to Strengthen Baby Care Portfolio
ITC has signed definitive agreements to acquire the remaining 73.5% stake in Mother Sparsh Baby Care, a premium Ayurvedic and natural baby care brand. The acquisition, valued at ₹81 crore through a combination of primary and secondary investments, will bring ITC’s total investment in the brand to approximately ₹126 crore. The transaction is expected to be … Read more