South African retailer Woolworths has agreed to acquire In2Food, a private-label supplier of ready meals, bakery, snacks and drinks. The grocer is buying the business through its Woolworths Foods unit from investor Old Mutual Private Equity, which is part of Cape Town-based Old Mutual Alternative Investments. Financial terms were not disclosed in a Woolworths’ filing with the Johannesburg stock exchange today (17 March). The transaction is subject to regulatory approval, including from South Africa’s co ...