India: Louis Vuitton's L Capital to sell entire 8% in Fabindia for $100m

India: Louis Vuitton's L Capital to sell entire 8% in Fabindia for $100m

Visual from FabIndia website

Singapore-based L Capital, the private equity arm of the world’s biggest luxury goods group Louis Vuitton Moet Hennessy (LVMH), is looking to sell its entire 8 per cent stake in unlisted Indian ethnic wear chain Fabindia for about $100 million (Rs 660 crore), according to a report in The Economic Times.

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