. Through his family investment company, Artemis, Pinault replaces private equity company, TPG, as the primary holder of the talent agency.
, TPG first invested in CAA in 2010 and increased its stake to 53% in a deal valuing the agency at $1.1 billion.
The transaction, not yet completed, will value CAA in its entirety at $7 billion. The exact size of Artemis’ stake is not clear, but it has been confirmed as majority control.
License Global will update this story as more information is reported.
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