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Louis Vuitton SA Seeks Stake in Turkey’s Orka, Hurriyet Says

Dec. 21 (Bloomberg) -- French luxury goods maker LVMH Moet Hennessy Louis Vuitton SA seeks to buy a stake in Turkish manufacturer of men’s clothing Orka Tekstil Sanayi ve Turizm Ticaret AS, Hurriyet newspaper said.

The negotiations are for the sale of shares of between 20 and 30 percent in Orka, the Istanbul-based newspaper said without saying how it got the information.

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To contact the reporter on this story: Selcuk Gokoluk in Istanbul at sgokoluk@bloomberg.net

To contact the editor responsible for this story: Aydan Eksin at aeksin@bloomberg.net

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