2min chapter

The BarberShop with Shantanu cover image

A 500Cr+ Acquisition By ITC, Scaling A Food Start-up & Life As A Founder| Suhasini Sampath on TBWS

The BarberShop with Shantanu

CHAPTER

The Importance of Ethics in the ITC Deal

ITC stock went up by 1,800 crores when they announced the news. I didn't really celebrate because money for me is a bit different from most other. They did believe that this was a great foray for ITC into health for more premiumization,. right brand doing the right things. The market didn't reward them once when they announced binding term sheet and when they finally wired the money both times they got a bump on their ship.

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