12:03 AM EDT, 04/21/2026 (MT Newswires) -- Pernod Ricard (RI.PA) commenced work on a possible initial public offering of its Indian business, Bloomberg News reported Monday, citing people familiar with the matter. The France-listed alcoholic beverages company is expected to enlist advisers and begin a formal process soon, the people told the news outlet. It is working with Goldman Sachs Group and legal firm Cyril Amarchand Mangaldas, the people added. Pernod Ricard did not immediately respond to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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