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Pernod Ricard Eyes India IPO

Summary

  • Pernod Ricard is exploring a potential IPO for its Indian operations.
  • Goldman Sachs is advising on the potential offering.
  • Legal firm Cyril Amarchand Mangaldas is also involved.
Pernod Ricard Eyes India IPO

French spirits giant Pernod Ricard is reportedly exploring a significant move within the Indian market, with the company initiating preparations for a potential initial public offering (IPO) of its Indian operations. This development suggests a strategic expansion and a desire to capitalize on growth opportunities in India.

Sources indicate that Pernod Ricard India Pvt Ltd has commenced the necessary groundwork for this potential IPO. To guide this complex financial undertaking, the company is working closely with prominent financial institution Goldman Sachs and respected legal firm Cyril Amarchand Mangaldas.

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