India Digest: L Catterton eyes Patanjali; Mirae Asset to enter PE; CDC fully exits Ujjivan

Photo: Reuters

In recent developments in the country’s private equity (PE) space, French group LVMH has expressed interest in buying a stake in Patanjali Ayurved Ltd for up to $500 million. Meanwhile, Mirae Asset Global Investments is looking to enter PE, investment banking and broking businesses in India, while CDC Group has fully exited Ujjivan Financial Services.

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