British TV personality Jamie Laing’s vegan sweets brand Candy Kittens is set to acquire snack company Graze in a deal between the former’s parent company and packaged goods giant Unilever.

The upcoming deal with German firm Katjes International is expected to be completed in the first half of 2026 for an undisclosed sum.

The sale of Graze, a popular nuts and snack bar brand in the UK, marks Unilever’s latest effort to offload under-performing brands in its line-up and prioritise its personal care and beauty products.

Unilever said on Monday that it will focus on producing condiments and other packaged products to “sharpen” its catalogue of goods, which will mean “pruning the portfolio where relevant”.

Graze was founded in 2005 as an internet-based snack delivery service selling healthy and often nut-based treats. It gradually began to sell in supermarkets and retailers.

In 2019, it was acquired by Unilever, reportedly for around £100m ($132m), but has under-performed, with sales falling in recent years.

Now, its future will be “better realised under new ownership” by Katjes and Laing’s Candy Kittens Group, given their expertise in consumer goods, said Unilever in its statement.

Laing said that Graze has changed the way the UK thinks about healthier snacking and is “perfect” for Candy Kittens’ plans for growth.

Laing has hosted programmes on the BBC and is known for his participation in the reality show Made in Chelsea and Strictly Come Dancing.

The deal is a “massive moment” for his eco-conscious firm, which sells vegan treats, Laing said online.

“When we started out, the thought of a company like Unilever buying our business was the dream. Today we’re the ones buying a business from them. The tables have turned,” he said.

Retail analyst Jonathan De Mello told BBC News that Graze had become “a bit of a money sink” for Unilever so it was not surprising that the brand was being spun off.

“Unilever had originally planned the acquisition of Graze as a way of increasing their share of the DTC [direct-to-consumer] market, but this market has shrunk considerably in favour of traditional product purchasing, i.e. supermarkets,” Mr De Mello said.

He added that “a more hands-on approach” could benefit Graze, which a smaller business like Candy Kittens could provide.

Unilever chief executive Fernando Fernandez outlined plans to divest the firm’s food brands as part of efforts to fund the company’s turnaround, after he stepped into the role in March.

Among the other food brands the UK-based consumer goods giant has sold off this year is The Vegetarian Butcher. It acquired cosmetics companies like Wild.

The Marmite- and Dove soap-owner is also set to spin off its ice cream division which carries well-known brands like Magnum, Ben & Jerry’s and Walls as part of its overhaul.

New Delhi: InterGlobe Aviation, parent of IndiGo airlines, on Tuesday informed that it received a penalty order of around Rs 117.52 crore from the Joint Commissioner of Central Tax and Central Excise, CGST Kochi Commissionerate.

The order, which issued a penalty of Rs 1,17,52,86,402, relates to the denial of input tax credit for the financial years 2018–19 and 2021–22, the airline said in an exchange filing.

“The department has denied input tax credit (ITC) availed by the company and has issued a demand order along with a penalty,” the filing said.

“The company believes that the order passed by the authorities is erroneous. Further, the company believes that it has a strong case on merits, backed by advice from external tax advisors,” it further said.

Accordingly, the company will contest the same before the appropriate authority, it added.

InterGlobe Aviation added that the order does not have a significant impact on its financials, operations or other activities of the company.

“There is no significant impact on financials, operations or other activities of the Company,” it added in its regulatory filing.

Interglobe Aviation Limited shares dipped by Rs 95 or 1.64 per cent in intra-day trading. The shares had opened almost flat at Rs 5,794.50 apiece.

The carrier on November 29 announced new direct routes and frequency additions from Navi Mumbai International Airport (NMIA), strengthening connectivity from the newly inaugurated gateway to key domestic destinations such as Coimbatore, Chennai, Vadodara and North Goa.

IndiGo earlier this week said it has completed the update on the mandatory Airbus system enhancement across its A320-family fleet after global flight operations were disrupted due to a software issue in the Airbus A320 family of aircraft.

All 200 aircraft have now been fully updated and compliant as required, said the Indian carrier.

Meanwhile, earlier in the day, an IndiGo flight from Kuwait to Hyderabad was diverted to Mumbai after authorities at Hyderabad Airport received a bomb threat.

Official sources confirmed that flight 6E-1234 was diverted midair after a threat message was received at the customer support at Rajiv Gandhi International Airport (RGIA) at 05.12 a.m.

Meesho, India’s leading e-commerce platform, is slated to launch its highly anticipated IPO from 3 to 5 December 2025. The e-commerce company has set the Meesho IPO price band at Rs 105 to Rs 111 per equity share. Meesho is today the leading e-commerce player in India in terms of order volume as well as one of the country’s most popular shopping apps.

Here’s a list of important Meesho IPO details to help you make an informed investment decision.

1. IPO date

The e-commerce firm’s public issue will be open for subscription from December 3 to December 5, 2025.

2. IPO price

The Bengaluru-based company has set a price band of Rs 105 to Rs 111 per share. 

3. IPO size

The e-commerce company plans to raise Rs 5,421 crore. Out of this amount Rs 4,250 crore is intended through the issuance of fresh shares and the remaining Rs 1,171.20 crore is reserved for the OFS route. At the high end, Meesho’s valuation stands at Rs 50,096 crore.

4. IPO lot size

A bidder will be able to apply for the upcoming IPO in lots with each lot of the book build issue comprising 135 company shares.

5. Minimum investment

A retail investor would require a minimum investment of Rs 14,985 to bid for at least one lot and in multiples thereafter.

6. IPO allotment date

The allotment of shares is expected to be finalised on December 8, 2025.

7. Allottees’ share

The successful allottees will receive the company’s shares in their respective demat accounts on December 9, 2025. 

8. IPO listing date

The public issue is proposed for listing on the BSE and the NSE with the most likely date for share listing on 10 December 2025.

9. IPO registrar

KFin Technologies is the official registrar of the fresh capital-cum offer for sale.

10. IPO lead managers

Kotak Mahindra Capital, JP Morgan India, Morgan Stanley India, Axis Capital and Citigroup Global Markets India are the lead managers of the public issue.