LVMH boss says has no hand in activist Elliott targeting Pernod

LVMH, owner of Moet & Chandon champagne and Hennessy cognac, does not want to destabilise Pernod Ricard and has nothing to do with activist investor Elliott buying a stake in the French spirits group, its Chairman and CEO said on Tuesday.LVMH billionaire boss Bernard Arnault, who described relations with Pernod Ricard CEO Alexandre Ricard as "friendly, made the comments at a news conference on the luxury group's annual results.