Yoga Guru’s Patanjali Downgraded as Acquisition Raises Risks
Cosmetic products are displayed for sale at a Patanjali Ayurved Ltd.(Photographer: Udit Kulshrestha/Bloomberg)

Yoga Guru’s Patanjali Downgraded as Acquisition Raises Risks

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(Bloomberg) -- An Indian credit ratings company cut Patanjali Ayurved Ltd. by two levels, citing a likely weakening of its financial position as it partly funds a merger with a maker of soya produc...
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