ENXTPA:RIBeverage
Pernod Ricard India Probe Weighs On Growth Story And Valuation
Pernod Ricard is under investigation by the Competition Commission of India for alleged illegal collusion with retailers.
The inquiry focuses on the company's conduct in the Indian market, which is a key contributor to its global ambitions.
The investigation is ongoing and could have implications for how Pernod Ricard structures its relationships with retail partners in India.
Pernod Ricard (ENXTPA:RI), currently trading at €60.7, is facing this regulatory scrutiny at a time when the stock...