French billionaire Pinault seals deal for Hollywood agency CAA

Published by

By Mimosa Spencer and Dawn Chmielewski PARIS (Reuters) -French luxury goods billionaire Francois-Henri Pinault has reached an agreement for a majority stake in Creative Artists Agency (CAA), adding Hollywood’s premiere talent agency to his family empire which spans fashion, wine and contemporary art, parties involved said on Tuesday. Financial details of the deal, in which his family holding company Artemis will buy the financial stake belonging to private equity firm TPG, were not provided. The move by Pinault, who is chairman and CEO of Kering, the French group that owns fashion label Gucci,…

Read More

Leave a Reply