11 Jan '18, 9am

Patanjali’s chief executive Acharya Balkrishna said the company will not "give stakes".

Patanjali’s chief executive Acharya Balkrishna said the company will not "give stakes".

French luxury brand LVMH Moët Hennessy Louis Vuitton SE, or LVMH, is interested in working with yoga guru Ramdev and buy a stake in his Patanjali Ayurved, The Economic Times reported. L Catterton, a private equity fund co-owned by LVMH, said it will spend almost half of its remaining Asia fund – $500 million (around Rs 3,185 crore) – to buy a stake in Patanjali. “I know his [Ramdev] model is not to work with multinationals and with foreign money,” Ravi Thakran, managing partner, L Catterton Asia, told The Economic Times . “We would love to work with him if we can find a model,” he said. The deal may not go through as Ramdev has positioned his products and the company, through advertisements, as being anti-multinational. Thakran said Patanjali was a “disruptor” in its category. “It has taken Indianness and celebrated it with pride,” Thakran told the newspaper. Thakran said ...

Full article: https://scroll.in/latest/864676/louis-vuitton-wants-to-bu...

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hindustantimes.com 11 Jan '18, 11am

French luxury group LVMH Moet Hennessy-Louis Vuitton is willing to invest a mammoth $ 500 million (Rs 3,250 crore) in yoga...

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businesstoday.in 11 Jan '18, 8am

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#Patanjali spokesperson SK Gupta Tijarawala conveyed the information on Twitter.

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zeenews.india.com 11 Jan '18, 6am

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news18.com 11 Jan '18, 10am

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dnaindia.com 11 Jan '18, 7am

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republicworld.com 11 Jan '18, 7am

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Do you think Patanjali will accept the offer?

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indiatoday.in 11 Jan '18, 1pm

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newsbytesapp.com 11 Jan '18, 9am

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moneycontrol.com 11 Jan '18, 5am

French luxury group LVMH Moët Hennessy Louis Vuitton SE, also known as Louis Vuitton or LVMH, is interested in buying stak...

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newsstand.google.com 11 Jan '18, 3pm

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engadget.com 11 Jan '18, 11pm

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