Ruchi Soya insolvency: Patanjali won’t back out from race to acquire debt-laden company, says Acharya Balkrishna – Firstpost
New Delhi: Patanjali Ayurved will not back out from the race to acquire bankruptcy-bound Ruchi Soya and explore all options, including legal, to clinch the deal, its Managing Director Acharya Balkrishna said on Tuesday. Adani Wilmar, which sells cooking oil under the Fortune brand, and Baba Ramdev-led Patanjali are in the fray to acquire debt-ridden…