ITC shares inch higher as cigarette-to-hotel conglomerate acquires Yoga Bar maker
ITC shares edged higher on Wednesday after the FMCG major announced the acquisition of Sproutlife Foods, which owns the direct-to-consumer (D2C) brand Yoga Bar. ITC signed a binding term sheet to acquire a 100 per cent stake in the Yoga Bar maker over a period of 3-4 years. The ITC stock...