Brain-backed Virgin Active to acquire Real Foods for $37m.

Brain-backed Virgin Active, an operator of health and fitness clubs, agreed to acquire Real Foods, an operator of a multi-brand food group, for $37m. The Real Foods transaction is subject to certain conditions, including regulatory approvals, which are expected to be obtained by no later than September 30, 2022. Once the transaction conditions are met, the vendor interests will be exchanged into equity in Virgin Active