Diversified conglomerate ITC Limited has entered into a share-purchase agreement to acquire Kolkata-based packaged spice maker Sunrise Foods as the Sanjiv Puri-led firm looks to bolster its food business and battle rivals Hindustan Unilever, Pepsico and Britannia.

— Moneycontrol

Khaitan & Co advised Sunrise Foods Pvt Ltd led by a team of partner Surbhi Kejriwal, senior associate Varun Narayan, associate Abhishek Rao and associate Chintan Aashwini.

2020-05-24

Deal value: Confidential

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